Report of open market sale.
RCW 7.54.090
in effect(1) Unless required to do so within a shorter time under chapter 7.52 RCW, a broker appointed under RCW 7.54.080 (1) to offer heirs property for open market sale shall file a report with the court not later than seven days after receiving an offer to purchase the property for at least the value determined under RCW 7.54.040 or 7.54.080 . (2) The report required by subsection (1) of this section must contain the following information: (a) A description of the property to be sold to each buyer; (b) The name of each buyer; (c) The proposed purchase price; (d) The terms and conditions of the proposed sale, including the terms of any owner financing; (e) The amounts to be paid to lienholders; (f) A statement of contractual or other arrangements or conditions of the broker's commission; and (g) Other material facts relevant to the sale.
(1) Unless required to do so within a shorter time under chapter 7.52 RCW, a broker appointed under RCW 7.54.080 (1) to offer heirs property for open market sale shall file a report with the court not later than seven days after receiving an offer to purchase the property for at least the value determined under RCW 7.54.040 or 7.54.080 .
(2) The report required by subsection (1) of this section must contain the following information:
(a) A description of the property to be sold to each buyer;
(b) The name of each buyer;
(c) The proposed purchase price;
(d) The terms and conditions of the proposed sale, including the terms of any owner financing;
(e) The amounts to be paid to lienholders;
(f) A statement of contractual or other arrangements or conditions of the broker's commission; and
(g) Other material facts relevant to the sale.
Source: WA Statutes (Official Site)URL: https://app.leg.wa.gov/RCW/default.aspx?cite=7.54&full=trueFetched: 6/28/2026