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Fill Your Washington Real Estate Excise Tax Affidavit Form

Name: Blank Washington Real Estate Excise Tax Affidavit Form ✔️ Affidavit
Brand: Affidavit
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The Washington Real Estate Excise Tax Affidavit form serves as a crucial document when transferring real estate in Washington state. It is used to declare the details of the property sale, ensuring the correct excise tax is applied. Completing this form accurately is vital for both the buyer and seller to comply with state tax laws.

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Fill Your Washington Real Estate Excise Tax Affidavit Form

Structure

In the realm of real estate transactions within the state of Washington, understanding and accurately completing the Washington Real Estate Excise Tax Affidavit form is crucial. This document serves as a declaration by sellers, affirming the details of the property sale, including the sale price and the calculation of the excise tax due. The affidavit is indispensable, not only for ensuring compliance with state tax laws but also for facilitating a smooth transfer of property ownership. As part of the closing process, the form must be completed with precision and submitted to the appropriate county office, where it plays a key role in the legal and financial aspects of real estate transactions. The implications of this document extend beyond mere formality; it determines the excise tax liability, which can significantly affect the overall cost of the transaction for both parties involved. Therefore, thorough understanding and accurate completion of the affidavit are essential for sellers, buyers, and real estate professionals alike, underscoring the form's significance in Washington's real estate landscape.

Document Sample

Real Estate Excise Tax Affidavit (RCW 82.45 WAC 458-61A)

Only for sales in a single location code on or after January 1, 2020.

This affidavit will not be accepted unless all areas on all pages are fully completed.

Reset form

Form 84 0001a

This form is your receipt when stamped by cashier. Please type or print.

Check box if partial sale, indicate %

sold.

Check box if the sale occurred in more than one location code.

List percentage of ownership acquired next to each name.

1 Seller/Grantor

2 Buyer/Grantee

Name

Mailing address

City/state/zip

Phone (including area code)

3 Send all property tax correspondence to:

Same as Buyer/Grantee

List all real and personal property tax

Personal

Assessed

Name

parcel account numbers

property?

value(s)

$ 0.00

Mailing address

$ 0.00

City/state/zip

Street address of property

This property is located in

Select Location

(for unincorporated locations please select your county)

Check box if any of the listed parcels are being segregated from another parcel, are part of a boundary line adjustment or parcels being merged. Legal description of property (if you need more space, attach a separate sheet to each page of the affidavit).

5
	Select land use code(s)

Enter any additional codes

(see back of last page for instructions)

Was the seller receiving a property tax exemption or deferral under RCW 84.36, 84.37, or 84.38 (nonprofit org., senior

citizen or disabled person, homeowner with limited income)? Yes No

Is this property predominantly used for timber (as classified under RCW 84.84 and 84.33) or agriculture (as classified

under RCW 84.34.020)? See ETA 3215.Yes No If yes, complete the predominate use calculator (see instructions for section 5).

7 List all personal property (tangible and intangible) included in selling price.

If claiming an exemption, list WAC number and reason for exemption.

WAC number (section/subsection) Reason for exemption

6 Is this property designated as forest land per RCW 84.33?

Yes

Type of document

Is this property classified as current use (open space, farm

Date of document

and agricultural, or timber) land per RCW 84.34?

Yes

Gross selling price

0.00

Is this property receiving special valuation as historical

property per RCW 84.26?

Yes

*Personal property (deduct)

0.00

If any answers are yes, complete as instructed below.

0.00

Exemption claimed (deduct)

(1) NOTICE OF CONTINUANCE (FOREST LAND OR CURRENT USE)

0.00

Taxable selling price

NEW OWNER(S): To continue the current designation as forest land

or classification as current use (open space, farm and agriculture, or

Excise tax: state

timber) land, you must sign on (3) below. The county assessor must then

0.00

Less than $500,000.01 at 1.1%

determine if the land transferred continues to qualify and will indicate

0.00

by signing below. If the land no longer qualifies or you do not wish to

From $500,000.01 to $1,500,000 at 1.28%

continue the designation or classification, it will be removed and the

0.00

From $1,500,000.01 to $3,000,000 at 2.75%

compensating or additional taxes will be due and payable by the seller

0.00

or transferor at the time of sale (RCW 84.33.140 or 84.34.108). Prior to

Above $3,000,000 at 3%

signing (3) below, you may contact your local county assessor for more

0.00

Agricultural and timberland at 1.28%

information.

0.00

This land:

does

does not qualify for

Total excise tax: state

continuance.

0.0000

Local

0.00

____________________________________ ____________________

0.00

*Delinquent interest: state

Deputy assessor signature

Date

Local

0.00

(2) NOTICE OF COMPLIANCE (HISTORIC PROPERTY)

0.00

*Delinquent penalty

NEW OWNER(S): To continue special valuation as historic property, sign

(3) below. If the new owner(s) doesn’t wish to continue, all additional tax

Subtotal

0.00

calculated pursuant to RCW 84.26, shall be due and payable by the seller

5.00

*State technology fee

or transferor at the time of sale.

5.00

(3) NEW OWNER(S) SIGNATURE

Affidavit processing fee

____________________________

_________________________

Total due

10.00

Signature

____________________________

_________________________

A MINIMUM OF $10.00 IS DUE IN FEE(S) AND/OR TAX

Print name

*SEE INSTRUCTIONS

8 I CERTIFY UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT

Signature of grantor or agent _______________________________

Signature of grantee or agent __________________________

Name (print)

Date & city of signing

Perjury in the second degree is a class C felony which is punishable by confinement in a state correctional institution for a maximum term of five years, or by

a fine in an amount fixed by the court of not more than $10,000, or by both such confinement and fine (RCW 9A.72.030 and RCW 9A.20.021(1)(c)).

To ask about the availability of this publication in an alternate format for the visually impaired, please call 360-705-6705. Teletype
	(TTY) users may use the WA Relay Service by calling 711.
84 0001a (3/12/21)	THIS SPACE TREASURER’S USE ONLY	COUNTY TREASURER

Print on legal size paper.

Page 1 of 6

Real Estate Excise Tax Affidavit (RCW 82.45 WAC 458-61A)

Only for sales in a single location code on or after January 1, 2020.

This affidavit will not be accepted unless all areas on all pages are fully completed.

Form 84 0001a

This form is your receipt when stamped by cashier. Please type or print.

Check box if partial sale, indicate %

sold.

Check box if the sale occurred in more than one location code.

List percentage of ownership acquired next to each name.

1 Seller/Grantor

2 Buyer/Grantee

Name

Mailing address

City/state/zip

Phone (including area code)

3 Send all property tax correspondence to: Same as Buyer/Grantee

List all real and personal property tax

Personal

Assessed

Name

parcel account numbers

property?

value(s)

$ 0.00

Mailing address

$ 0.00

City/state/zip

Street address of property

This property is located in

Select Location

(for unincorporated locations please select your county)

5
	Select land use code(s)

Enter any additional codes

(see back of last page for instructions)

Was the seller receiving a property tax exemption or deferral under RCW 84.36, 84.37, or 84.38 (nonprofit org., senior

citizen or disabled person, homeowner with limited income)? Yes No

Is this property predominantly used for timber (as classified under RCW 84.84 and 84.33) or agriculture (as classified

under RCW 84.34.020)? See ETA 3215.Yes No If yes, complete the predominate use calculator (see instructions for section 5).

7 List all personal property (tangible and intangible) included in selling price.

If claiming an exemption, list WAC number and reason for exemption.

WAC number (section/subsection) Reason for exemption

6 Is this property designated as forest land per RCW 84.33?

Yes

Type of document

Is this property classified as current use (open space, farm

Date of document

and agricultural, or timber) land per RCW 84.34?

Yes

Gross selling price

0.00

Is this property receiving special valuation as historical

property per RCW 84.26?

Yes

*Personal property (deduct)

0.00

If any answers are yes, complete as instructed below.

0.00

Exemption claimed (deduct)

(1) NOTICE OF CONTINUANCE (FOREST LAND OR CURRENT USE)

0.00

Taxable selling price

NEW OWNER(S): To continue the current designation as forest land

or classification as current use (open space, farm and agriculture, or

Excise tax: state

timber) land, you must sign on (3) below. The county assessor must then

0.00

Less than $500,000.01 at 1.1%

determine if the land transferred continues to qualify and will indicate

0.00

by signing below. If the land no longer qualifies or you do not wish to

From $500,000.01 to $1,500,000 at 1.28%

continue the designation or classification, it will be removed and the

0.00

From $1,500,000.01 to $3,000,000 at 2.75%

compensating or additional taxes will be due and payable by the seller

0.00

or transferor at the time of sale (RCW 84.33.140 or 84.34.108). Prior to

Above $3,000,000 at 3%

signing (3) below, you may contact your local county assessor for more

0.00

Agricultural and timberland at 1.28%

information.

0.00

This land:

does

does not qualify for

Total excise tax: state

continuance.

Local

0.00

0.0000

____________________________________ ____________________

0.00

*Delinquent interest: state

Deputy assessor signature

Date

Local

0.00

(2) NOTICE OF COMPLIANCE (HISTORIC PROPERTY)

0.00

*Delinquent penalty

NEW OWNER(S): To continue special valuation as historic property, sign

(3) below. If the new owner(s) doesn’t wish to continue, all additional tax

Subtotal

0.00

calculated pursuant to RCW 84.26, shall be due and payable by the seller

5.00

*State technology fee

or transferor at the time of sale.

5.00

(3) NEW OWNER(S) SIGNATURE

Affidavit processing fee

____________________________

_________________________

Total due

10.00

Signature

____________________________

_________________________

A MINIMUM OF $10.00 IS DUE IN FEE(S) AND/OR TAX

Print name

*SEE INSTRUCTIONS

8 I CERTIFY UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT

Signature of grantor or agent _______________________________

Signature of grantee or agent __________________________

Name (print)

Date & city of signing

Perjury in the second degree is a class C felony which is punishable by confinement in a state correctional institution for a maximum term of five years, or by

a fine in an amount fixed by the court of not more than $10,000, or by both such confinement and fine (RCW 9A.72.030 and RCW 9A.20.021(1)(c)).

To ask about the availability of this publication in an alternate format for the visually impaired, please call 360-705-6705. Teletype
	(TTY) users may use the WA Relay Service by calling 711.
84 0001a (3/12/21)	THIS SPACE TREASURER’S USE ONLY	COUNTY ASSESSOR

Print on legal size paper.

Page 2 of 6

Real Estate Excise Tax Affidavit (RCW 82.45 WAC 458-61A)

Only for sales in a single location code on or after January 1, 2020.

This affidavit will not be accepted unless all areas on all pages are fully completed.

Form 84 0001a

This form is your receipt when stamped by cashier. Please type or print.

Check box if partial sale, indicate %

sold.

Check box if the sale occurred in more than one location code.

List percentage of ownership acquired next to each name.

1 Seller/Grantor

2 Buyer/Grantee

Name

Mailing address

City/state/zip

Phone (including area code)

3 Send all property tax correspondence to:

Same as Buyer/Grantee

List all real and personal property tax

Personal

Assessed

Name

parcel account numbers

property?

value(s)

$ 0.00

Mailing address

$ 0.00

City/state/zip

Street address of property

This property is located in

Select Location

(for unincorporated locations please select your county)

7 List all personal property (tangible and intangible) included in selling

Select land use code(s)

price.

Enter any additional codes

(see back of last page for instructions)

Was the seller receiving a property tax exemption or deferral

If claiming an exemption, list WAC number and reason for exemption.

under RCW 84.36, 84.37, or 84.38 (nonprofit org., senior

citizen or disabled person, homeowner with limited income)?

Yes

WAC number (section/subsection)

Is this property predominantly used for timber (as classified

Reason for exemption

under RCW 84.84 and 84.33) or agriculture (as classified

Yes

under RCW 84.34.020)? See ETA 3215.

If yes, complete the predominate use calculator (see instructions for

section 5).

Is this property designated as forest land per RCW 84.33?

Yes

Type of document

Is this property classified as current use (open space, farm

Date of document

and agricultural, or timber) land per RCW 84.34?

Yes

Gross selling price

0.00

Is this property receiving special valuation as historical

property per RCW 84.26?

Yes

*Personal property (deduct)

0.00

If any answers are yes, complete as instructed below.

0.00

Exemption claimed (deduct)

(1) NOTICE OF CONTINUANCE (FOREST LAND OR CURRENT USE)

0.00

Taxable selling price

NEW OWNER(S): To continue the current designation as forest land

or classification as current use (open space, farm and agriculture, or

Excise tax: state

timber) land, you must sign on (3) below. The county assessor must then

0.00

Less than $500,000.01 at 1.1%

determine if the land transferred continues to qualify and will indicate

0.00

by signing below. If the land no longer qualifies or you do not wish to

From $500,000.01 to $1,500,000 at 1.28%

continue the designation or classification, it will be removed and the

0.00

From $1,500,000.01 to $3,000,000 at 2.75%

compensating or additional taxes will be due and payable by the seller

0.00

or transferor at the time of sale (RCW 84.33.140 or 84.34.108). Prior to

Above $3,000,000 at 3%

signing (3) below, you may contact your local county assessor for more

0.00

Agricultural and timberland at 1.28%

information.

0.00

This land:

does

does not qualify for

Total excise tax: state

continuance.

0.0000

Local

0.00

____________________________________ ____________________

0.00

*Delinquent interest: state

Deputy assessor signature

Date

Local

0.00

(2) NOTICE OF COMPLIANCE (HISTORIC PROPERTY)

0.00

*Delinquent penalty

NEW OWNER(S): To continue special valuation as historic property, sign

(3) below. If the new owner(s) doesn’t wish to continue, all additional tax

Subtotal

0.00

calculated pursuant to RCW 84.26, shall be due and payable by the seller

5.00

*State technology fee

or transferor at the time of sale.

5.00

(3) NEW OWNER(S) SIGNATURE

Affidavit processing fee

____________________________

_________________________

Total due

10.00

Signature

____________________________

_________________________

A MINIMUM OF $10.00 IS DUE IN FEE(S) AND/OR TAX

Print name

*SEE INSTRUCTIONS

8 I CERTIFY UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT

Signature of grantor or agent _______________________________

Signature of grantee or agent __________________________

Name (print)

Date & city of signing

Perjury in the second degree is a class C felony which is punishable by confinement in a state correctional institution for a maximum term of five years, or by

a fine in an amount fixed by the court of not more than $10,000, or by both such confinement and fine (RCW 9A.72.030 and RCW 9A.20.021(1)(c)).

To ask about the availability of this publication in an alternate format for the visually impaired, please call 360-705-6705. Teletype
	(TTY) users may use the WA Relay Service by calling 711.
84 0001a (3/12/21)	THIS SPACE TREASURER’S USE ONLY	DEPARTMENT OF REVENUE

Print on legal size paper.

Page 3 of 6

Real Estate Excise Tax Affidavit (RCW 82.45 WAC 458-61A)

Only for sales in a single location code on or after January 1, 2020.

This affidavit will not be accepted unless all areas on all pages are fully completed.

Form 84 0001a

This form is your receipt when stamped by cashier. Please type or print.

Check box if partial sale, indicate %

sold.

Check box if the sale occurred in more than one location code.

List percentage of ownership acquired next to each name.

1 Seller/Grantor

2 Buyer/Grantee

Name

Mailing address

City/state/zip

Phone (including area code)

3 Send all property tax correspondence to:

Same as Buyer/Grantee

List all real and personal property tax

Personal

Assessed

Name

parcel account numbers

property?

value(s)

$ 0.00

Mailing address

$ 0.00

City/state/zip

Street address of property

This property is located in

Select Location

(for unincorporated locations please select your county)

7 List all personal property (tangible and intangible) included in selling

Select land use code(s)

price.

Enter any additional codes

(see back of last page for instructions)

Was the seller receiving a property tax exemption or deferral

If claiming an exemption, list WAC number and reason for exemption.

under RCW 84.36, 84.37, or 84.38 (nonprofit org., senior

citizen or disabled person, homeowner with limited income)?

Yes

WAC number (section/subsection)

Is this property predominantly used for timber (as classified

Reason for exemption

under RCW 84.84 and 84.33) or agriculture (as classified

Yes

under RCW 84.34.020)? See ETA 3215.

If yes, complete the predominate use calculator (see instructions for

section 5).

Is this property designated as forest land per RCW 84.33?

Yes

Type of document

Is this property classified as current use (open space, farm

Date of document

and agricultural, or timber) land per RCW 84.34?

Yes

Gross selling price

0.00

Is this property receiving special valuation as historical

property per RCW 84.26?

Yes

*Personal property (deduct)

0.00

If any answers are yes, complete as instructed below.

0.00

Exemption claimed (deduct)

(1) NOTICE OF CONTINUANCE (FOREST LAND OR CURRENT USE)

0.00

Taxable selling price

NEW OWNER(S): To continue the current designation as forest land

or classification as current use (open space, farm and agriculture, or

Excise tax: state

timber) land, you must sign on (3) below. The county assessor must then

0.00

Less than $500,000.01 at 1.1%

determine if the land transferred continues to qualify and will indicate

0.00

by signing below. If the land no longer qualifies or you do not wish to

From $500,000.01 to $1,500,000 at 1.28%

continue the designation or classification, it will be removed and the

0.00

From $1,500,000.01 to $3,000,000 at 2.75%

compensating or additional taxes will be due and payable by the seller

0.00

or transferor at the time of sale (RCW 84.33.140 or 84.34.108). Prior to

Above $3,000,000 at 3%

signing (3) below, you may contact your local county assessor for more

0.00

Agricultural and timberland at 1.28%

information.

0.00

This land:

does

does not qualify for

Total excise tax: state

continuance.

Local

0.00

0.0000

____________________________________ ____________________

0.00

*Delinquent interest: state

Deputy assessor signature

Date

Local

0.00

(2) NOTICE OF COMPLIANCE (HISTORIC PROPERTY)

0.00

*Delinquent penalty

NEW OWNER(S): To continue special valuation as historic property, sign

(3) below. If the new owner(s) doesn’t wish to continue, all additional tax

Subtotal

0.00

calculated pursuant to RCW 84.26, shall be due and payable by the seller

5.00

*State technology fee

or transferor at the time of sale.

5.00

(3) NEW OWNER(S) SIGNATURE

Affidavit processing fee

____________________________

_________________________

Total due

10.00

Signature

____________________________

_________________________

A MINIMUM OF $10.00 IS DUE IN FEE(S) AND/OR TAX

Print name

*SEE INSTRUCTIONS

8 I CERTIFY UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT

Signature of grantor or agent _______________________________

Signature of grantee or agent __________________________

Name (print)

Date & city of signing

Perjury in the second degree is a class C felony which is punishable by confinement in a state correctional institution for a maximum term of five years, or by

a fine in an amount fixed by the court of not more than $10,000, or by both such confinement and fine (RCW 9A.72.030 and RCW 9A.20.021(1)(c)).

To ask about the availability of this publication in an alternate format for the visually impaired, please call 360-705-6705. Teletype
	(TTY) users may use the WA Relay Service by calling 711.
84 0001a(3/12/21)	THIS SPACE TREASURER’S USE ONLY	TAXYPAYER

Print form

Print on legal size paper.

Page 4 of 6

Instructions

Note: To report a transfer of a controlling interest in real property, please use the Real Estate Excise Tax Affidavit Controlling Interest Transfer Return, Revenue Form No. 84-0001B. This form is available online at dor.wa.gov.

Section 1:

If the sale involves property in more than one location code, use the Multiple Location Real Estate Excise Tax Affidavit. If sale is less than 100%, check the box “Check if partial sale” and bill in the percentage sold.

Enter the name(s) of seller/grantor exactly as listed on the legal conveyance document including the method of holding title.

Section 2:

Enter the name(s) of buyer/grantee exactly as listed on the legal conveyance document including the method of holding title. List the percentage acquired after each name.

Sect on 3:

•Enter the name and address where you would like all future property tax information sent.

•Enter the tax parcel number and current assessed value for real and personal property being conveyed in this county. Check the box to indicate personal property.

Section 4:

•Enter the street address of the property.

•Enter the county if in unincorporated area. Enter city name if located within a municipality.

•Enter the legal description of the property.

Section 5:

Enter the appropriate land use code for the property. Please list all codes that apply on the lines provided in section 5. See WAC 458-53-030(5) for a complete list.

9 - Land with mobile home		26	- Paper and allied products	64	- Repair services
10	- Land with new building	27	- Printing and publishing	65	- Professional services
11	- Household, single family	28	- Chemicals	(medical, dental, etc.)
units		29	- Petroleum refining and related	71	- Cultural activities/nature
12	- Multiple family residence	industries		exhibitions
(2-4 Units)		30	- Rubber and miscellaneous	74	- Recreational activities
13	- Multiple family residence (5+	plastic products		(golf courses, etc.)
Units)		31	- Leather and leather products	75	- Resorts and group camps
14	- Residential condominiums	32	- Stone, clay and glass products	80	- Water or mineral right
15	- Mobile home parks or courts	33	- Primary metal industries	81	- Agriculture (not in current use)
16	- Hotels/motels	34	- Fabricated metal products	83	- Agriculture current use
17	- Institutional Lodging	35	- Professional scientific	RCW 84.34
(convalescent homes, nursing		and controlling instruments;		86	- Marijuana grow operations
homes, etc.)		photographic and optical goods;		87	- Sale of Standing Timber
18	- All other residential not	watches/clocks manufacturing		88	- Forest land designated
coded		39	- Miscellaneous manufacturing	RCW 84.33
19	- Vacation and cabin	50	- Condominiums-other than	91	- Undeveloped Land (land only)
21	- Food and kindred products	residential		94	- Open space land RCW 84.34
22	- Textile mill products	53	- Retail Trade - general	95	- Timberland classified
23	- Apparel and other finished	merchandise 54 - Retail Trade - food		RCW 84.34
products made from fabrics,		58	- Retail trade - eating & drinking	96	- Improvements on leased land
leather, and similar materials		(restaurants, bars)		96	- Improvements on leased land
leather, and similar materials		(restaurants, bars)
24	- Lumber and wood products	59	- Tenant occupied, commercial
(except furniture)		properties
25	- Furniture and fixtures

•Check yes if the seller was receiving a property tax exemption or deferral under RCW 84.36, 84.37, or 84.38 (nonprofit organization, senior citizen, or disabled person, homeowner with limited income).

•Check yes if the land is primarily used for timber as defined by RCW 84.34 and 84.33 or agriculture as defined by RCW 84.34.020. See ETA 3215 for additional information. If the sale involves multiple parcels with different land use codes, complete the predominate use worksheet.

Section 6:

Indicate whether the property is designated as forest land per chapter 84.33 RCW, classified as current use (open space, farm, agricultural, or timber) per chapter 84.34 RCW, or receiving special valuation as historic property per chapter 84.26 RCW.

Section 7:

•List personal property included in the selling price of the real property. For example, include tangible (furniture, equipment, etc.) and intangible (goodwill, agreement not to compete, etc.).

•Use Tax is due on personal property purchased without payment of the sales tax. Report use tax on your Combined Excise

•Tax Return or a Consumer Use Tax Return, both available at dor.wa.gov.

•If you are claiming a tax exemption, cite the specific Washington Administrative Code (WAC) number, section and subsection and provide a brief explanation. Most tax exemptions require specific documentation. Refer to the appropriate WAC to determine documentation requirements. WAC 458-61A is available online at dor.wa.gov.

•Enter the type of document (quit claim deed, statutory warranty deed, etc.), and date of document (MM/DD/YYYY).

•Enter the selling price of the property.

•Selling price: For tax purposes, the selling price is the true and fair value of the property conveyed. When property is conveyed in an arm’s length transaction between unrelated persons for valuable consideration, there is a presumption that the selling price is equal to the total consideration paid or contracted to be paid, including any indebtedness. Refer to RCW 82.45.030 for more information about selling price.

•Deduct the amount of personal property included in the selling price.

•Deduct the amount of tax exemption claimed per WAC 458-61A.

Print on legal size paper.

Page 5 of 6

Instructions Continued

•Calculate the state excise tax:

The state portion of excise tax is calculated using a graduated tax rate structure. The amount of tax increases as the amount of the transaction increases. Each portion of the sales amount is taxed at a different rate.

Exception: Property designated as farm and agriculture or timberland is taxed at 1.28% per 83.34 RCW.

Instructions:

1.Enter the sale amount that falls within the specific threshold in column A.

2.Multiply the amount in column A by the state rate in column B. Enter the results in column C.

3.Enter the amount in column C on the appropriate threshold line on page 1 of the affidavit.

Example: This is how the state REET tax would be calculated on a sale totaling $1,600,000:

	Column A	Column B	Column C
Threshold	Amount within threshold	State rate	Tax
0 to $500,000	500,000	1.1%	5,500
500,000.01 – 1,500,000	1,000,000	1.28%	12,800
1,500,000.01 to 3,000,000	100,000	2.75%	2,750
3,000,000.01 and above	0	3.0%	0
Totals	$1,600,000		$21,050

Calculate the state excise tax due using this chart:

	Column A	Column B	Column C
Threshold	Amount within threshold	State rate	Tax
0 to $500,000		1.1%
500,000.01 – 1,500,000		1.28%
1,500,000.01 to 3,000,000		2.75%
3,000,000.01 and above		3.0%
Totals

Enter the total tax due amount on the Excise Tax: State line on the first page of the affidavit.

•Due Date, interest and penalties: Tax is due at the time of sale/transfer. If tax is not paid within one month of the date of sale/transfer, interest and penalties will apply. The interest rate is variable and determined per RCW 82.32.050. Delinquent penalties are 5% one month after the due date; 10% two months after the due date; and 20% three months after the due date. (RCW 82.45.100)

•State technology fee: A $5.00 Electronic Technology Fee that is due on all transactions. (82.45.180)

•Affidavit processing fee: A minimum of $5.00 shall be collected in the form of tax and processing fee. A processing fee is due on all transactions where no tax is due and on all taxable transactions where the tax due is less than $5.00. (RCW 82.45.180)

Section 8:

Both grantor (seller) and grantee (buyer), or the agent of each, must sign this form, certifying that all the information provided is correct. Note: Original signatures required on the “County Treasurer” copy. Signatures may be required on the “Assessors” copy. Check with your county.

Audit:

Information you provide on this form is subject to audit by the Department of Revenue. Underpayments of tax will result in the

issuance of a tax assessment with interest and penalties. Note: in the event of an audit, it is the taxpayer’s responsibility to provide documentation to support the selling price or any exemption claimed. This documentation must be maintained for a minimum of four years from date of sale. (RCW 82.45.100)

Ruling requests:

You may request a ruling on the taxability of the property transfer. Go to our website at dor.wa.gov/rulings or fax your request to

360-705-6655.

Where to send completed forms:

Completed forms must be submitted to the County Treasurer’s or Recorder’s Office where the property is located.

To ask about the availability of this publication in an alternate format for the visually impaired, please call 360-705-6705. Teletype (TTY) users may use the WA Relay Service by calling 711.

Print on legal size paper.

Page 6 of 6

▼ Washington Real Estate Excise Tax Affidavit File

File Attributes

Fact Number	Description
1	This form is used in real estate transactions in Washington State to report the sale and calculate the Real Estate Excise Tax owed.
2	It must be completed by the seller of the property, often with the assistance of a real estate agent or attorney to ensure accuracy.
3	The Real Estate Excise Tax is a tax on the sale of real estate and is calculated based on the sale price of the property.
4	Governing law for this form includes Washington State Law, specifically under the Revised Code of Washington (RCW) 82.45 and 82.46, and the Washington Administrative Code (WAC) 458-61A.
5	The form requires detailed information about the seller, buyer, and property, such as names, addresses, legal description of the property, and the sale price.
6	Failure to submit the Real Estate Excise Tax Affidavit or providing incorrect information can result in penalties, including interest on unpaid taxes.
7	Once completed, the affidavit is filed with the county treasurer's office where the property is located, typically at the time of recording the deed.

Guidelines on How to Fill Out Washington Real Estate Excise Tax Affidavit

When you're navigating the complexities of real estate transactions in Washington, a critical component you'll encounter is the Real Estate Excise Tax Affidate (REET Affidavit). This document is essential for accurately reporting the sale of property, and it plays a pivotal role in the calculation and payment of excise taxes associated with the transaction. To streamline the process and ensure compliance, it's important to understand how to meticulously fill out this affidavit. Here is a straightforward, step-by-step guide designed to assist you in completing the REET affidavit confidently and correctly.

Gather all necessary information pertaining to the property sale, including the date of sale, sale price, and property description. This information will form the basis of your affidavit.
Identify the correct form version. The Washington Department of Revenue frequently updates the REET Affidavit form, so verify you have the most current version by checking the department's website.
Start by completing the top section of the form, which requires basic information about the seller (grantor) and buyer (grantee), including names, addresses, and contact details. Accuracy here is crucial for both parties involved in the transaction.
Enter the legal description of the property being sold. This can be found on the property's current deed or tax bill, and it must match exactly to ensure proper recording.
Fill in the sale or transfer information, including the total sale price and the date of sale. If the property is subject to any mortgages that will not be discharged at the time of sale, disclose this information in the designated section.
Determine the appropriate tax classification for the property sale. The REET Affidavit includes several classifications based on the type of property and the nature of the sale. Review the definitions carefully to select the one that best fits your situation.
Calculate the amount of excise tax due. This calculation is based on the sale price and applicable tax rate, which varies by location within Washington. Consult the latest tax rate schedules provided by the Department of Revenue to ensure accuracy.
Review all the exemptions that may apply to your transaction and check the appropriate boxes if you qualify for any. Specific documentation may be required to substantiate the exemption claim, so be prepared to provide this if necessary.
Both the seller and buyer must sign and date the affidavit, attesting to the accuracy of the information provided. Electronic signatures may be accepted, but it's essential to verify the current requirements with the county where the property is located.
Submit the completed REET Affidavit along with any required payment for the excise tax to the county recorder's office where the property is located. Submission methods can vary, so confirm whether in-person, mail, or electronic filing is preferred or required.

Once your REET Affidait has been properly filled out and submitted, the county will process the document and issue a stamped copy as confirmation of your payment and filing. This serves as validation of the excise tax payment and is a necessary step in the completion of your real estate transaction in Washington. While the process may seem daunting at first, following these steps carefully will help ensure that your filing is accurate, compliant, and timely.

Discover More on Washington Real Estate Excise Tax Affidavit

What is the Washington Real Estate Excise Tax Affidavit?

The Washington Real Estate Excise Tax Affidavit is a legally required document that must be completed and submitted when transferring real estate property in Washington State. It provides the state with details of the transaction, including the sale price, property description, and parties involved, for the purpose of assessing and collecting excise tax on the transfer.

When do I need to file the Washington Real Estate Excise Tax Affidavit?

This affidavit needs to be filed at the time of the property transfer. Prior to or at the closing of the sale, the completed affidavit, along with any applicable excise tax payment, should be submitted to the county treasurer's office where the property is located.

Who is responsible for completing the affidavit?

Typically, the seller of the property is responsible for completing the affidavit. However, it is not uncommon for legal or real estate professionals involved in the transaction to assist in ensuring that the affidavit is filled out correctly and submitted on time.

Is there a filing fee for the affidavit?

There is no specific filing fee for the affidavit itself; however, the real estate excise tax calculated based on the sale price of the property must be paid at the time of filing. The tax rate varies by location and the specifics of the property and transaction.

What information do I need to provide on the affidavit?

You will need to provide detailed information about the property transaction. This includes the legal description of the property, sale price, date of sale, names and addresses of the seller and buyer, and any terms of the sale that might affect the sale price. Additionally, you may need to disclose if there are any exemptions claimed that would reduce or eliminate the excise tax.

What happens if I make a mistake on the affidavit?

If a mistake is found after submission, it is important to rectify the error as soon as possible. You will need to contact the county treasurer's office where the affidavit was filed to inquire about the process for amending the document. Corrections might result in additional taxes owed or a refund if an overpayment was made.

Can I file the affidavit electronically?

Some counties in Washington State allow for electronic filing of the Real Estate Excise Tax Affidavit, while others may require a paper submission. Check with the county treasurer's office of the county where the property is located to determine their filing requirements and whether electronic submission is an option.

Common mistakes

Certainly! When engaging with the intricate structure of real estate transactions, individuals often confront the intricate necessity of attending to various forms, one of which is the Washington Real Estate Excise Tax Affidavit. This essential document plays a pivotal role in confirming the appropriate execution of tax obligations associated with the exchange of property. Yet, despite its significance, many find themselves ensnared by common pitfalls that hinder the process, potentially leading to delays or financial discrepancies.

Navigating the realm of real estate transactions, wherein the exchange often involves substantial documentation, brings to attention the Real Estate Excise Tax Affidavit in Washington. Designed to ensure the correct execution of tax obligations relevant to property transfers, this document, however, frequently becomes a vessel for common errors. Among these, notably, is the incorrect or incomplete filling out of property identification information. Detail is paramount; a minor omission or misstep in articulating the full legal description or parcel number can derail the process, leading to unnecessary complications.
Another frequent oversight is found in the miscalculation of the tax amount due. This occurs not out of negligence but primarily due to misunderstandings regarding the current tax rate or applicable exemptions. The calculation demands precision; any deviation, regardless of intent, can lead to discrepancies that may not only affect the transaction timeline but also incur penalties.
The affidavit requires a detailed recounting of the sale's particulars, including but not limited to the sale price. A common misstep here is the failure to accurately report the total consideration. This encompasses all assets and liabilities transferred as part of the agreement. Overlooking aspects such as assumed liabilities or non-monetary considerations can distort the transaction's reported value, affecting the efficacy of the affidavit.
With the hustle and bustle accompanying most real estate dealings, signatories sometimes overlook a crucial step—the notarization of signatures. This formality, while seemingly minor, affirms the authenticity of the signatures, thus cementing the affidavit's legal standing. Neglecting this step may not only delay the proceeding but might necessitate a complete redo of the submission process.
Amendments and updates are a constant in the realm of taxation and property laws, rendering some information temporarily relevant. A prevalent error is the use of an outdated form version. The state periodically revises the affidavit's structure and requirements to reflect changes in law or policy. Unknowingly utilizing an older format can lead to the omission of mandatory sections or the inclusion of obsolete information, thereby complicating the validation process.
Lastly, a significant hiccup in the journey of completing this affidavit is the lack of supporting documents. The affidavit does not stand alone; it demands corroborative evidence to validate the claims made within its context. Commonly overlooked documents include title reports, contracts, and agreements substantiating the transaction specifics. The absence of these documents can stall the review process, as officials strive to ensure the veracity of every recorded detail.

To forge through these complexities with ease, one must approach the Washington Real Estate Excise Tax Affidavit with diligence and forethought, ensuring every detail is meticulously examined and accurately presented. Taking heed of these common pitfalls can safeguard against delays and financial inaccuracies, paving the way for a smoother transaction process. With careful attention to detail, individuals can navigate the nuances of this legal requirement, ensuring compliance and facilitating the seamless transition of property ownership.

Documents used along the form

When transferring real estate in Washington state, the Real Estate Excise Tax Affidavit form is a critical document, but it's only one piece of the puzzle. Several other documents are typically used alongside this affidavit to ensure a smooth and compliant transaction process. Understanding these documents can help you navigate the complexities of real estate transactions more effectively.

Warranty Deed: This document acts as a guarantee from the seller to the buyer, ensuring that the title is clear and that the seller has the right to sell the property. It's a key document that transfers ownership of the property.
Quit Claim Deed: Unlike a warranty deed, a quit claim deed transfers only whatever interest the seller has in the property without any guarantees about the clearness of title. It's often used between family members or to clear up title issues.
Title Insurance Policy: This policy protects the buyer (and lender, if applicable) from future claims against the property's title. It ensures that the buyer really does own the property free and clear, except for any noted exceptions.
Seller Disclosure Statement: A form where sellers disclose information about the property's condition and any known problems. This is crucial for informing the buyer about the state of the property they're purchasing.
Purchase and Sale Agreement: This contract lays out the terms of the sale, including the purchase price, closing date, and any contingencies that must be met before the transaction can be completed. It's essentially the blueprint for the transaction.
Loan Documents: If the buyer is obtaining financing, there will be an array of loan documents required by the lender. These include the loan application, mortgage or deed of trust, and various disclosures and agreements related to the loan.
Escrow Instructions: Detailed instructions provided to an escrow agent, outlining how the transaction is to be conducted and how funds are to be disbursed. These serve as the playbook for the closing process.
Closing Statement: The final document outlining all transaction costs, credits, and debits for both buyer and seller. It details the financial transactions that took place and includes the final net amounts payable or receivable upon closing.

Altogether, these documents create a comprehensive framework that supports the legal and financial aspects of real estate transactions in Washington State. Familiarity with these documents can help participants ensure they meet all legal requirements and understand the implications of their real estate transactions. Whether you're buying, selling, or simply facilitating a real estate transaction, each of these documents plays a vital role in the process.

Similar forms

The Grant Deed is a document that is similar to the Washington Real Estate Excise Tax Affidavit because it is used in the process of transferring property ownership. While the Excise Tax Affidavit documents the tax implications of the sale and declares the sales price, among other financial details, the Grant Deed ensures the legal change of ownership and confirms that the property has not been previously sold. Both documents serve as critical components within real estate transactions, facilitating different aspects of legal documentation and financial transparency between buyer and seller.

The Warranty Deed, much like the Washington Real Estate Excise Tax Affidavit, plays a pivotal role in property transactions. It provides a guarantee from the seller to the buyer that the title to the property is free from any claims or liens. The Excise Tax Affidavit, on the other hand, focuses on the tax obligations resulting from the property's sale. Both documents share the common purpose of ensuring a smooth and legally sound transfer of property, but they address distinct facets of that process, focusing on ownership guarantees and tax implications, respectively.

A Quitclaim Deed also shares similarities with the Washington Real Estate Excise Tax Affidavit. This deed is typically used to transfer ownership without making any warranties about the title's quality, often used between family members or to clear title discrepancies. Similar to the Excise Tax Affidit, it is integral to the legal framework surrounding property sales and transfers, though it centers on title transfer with minimal guarantees. Both documents are essential for their respective roles in modifying ownership records and ensuring proper documentation of these changes for legal and tax purposes.

The Property Disclosure Statement, while distinct, has similarities to the Washington Real Estate Excise Tax Affidavit in terms of providing critical information during the sale of property. It details the condition of the property, revealing any known issues that could affect the property's value or desirability. The Excise Tax Affidavit, in comparison, captures financial and tax-related information pertinent to the transaction. Both documents ensure transparency and protection for all parties involved by disclosing vital information pertinent to the transaction's terms and the property's condition.

The HUD-1 Settlement Statement is particularly relevant in transactions involving federally related mortgage loans, outlining the final financial details of the property sale. It closely resembles the Washington Real, Estate Excise Tax Affidavit, in that both documents detail the financial aspects of a property transaction. While the HUD-1 provides a comprehensive breakdown of costs for both buyer and seller, the Excise Tax Affidavit focuses on the calculation and reporting of excise tax. Together, they contribute to the financial transparency and compliance of real estate transactions.

Finally, the Deed of Trust is akin to the Washington Real Estate Excise Tax Affidavit in the broader context of property sales and financing. This document secures a loan on real property and outlines the terms of the debt obligation, contrasting the Excise Tax Affidavit, which documents the tax element of a sale. Both are integral in different stages of property transactions — the Deed of Trust in securing the purchase financing, and the Excise Tax Affidavit in concluding the sale with the proper tax treatment. They complement each other by covering both the financing and tax aspects of real estate transactions.

Dos and Don'ts

Filling out the Washington Real Estate Excise Tax Affidavit requires attention to detail and a clear understanding of legal obligations. Here are some essential dos and don'ts to guide you through this process:

Do thoroughly read all instructions provided with the affidavit before you begin filling it out. Ignorance of the process can lead to errors that might complicate your real estate transaction.
Do gather all necessary information, including property identification, legal descriptions, and sale particulars, prior to starting the affidavit. This ensures you have all the details required to complete the form accurately.
Do use black ink or type when filling out the form to ensure legibility. This makes processing the affidavit easier and avoids issues related to interpretation.
Do verify all the information you provide on the affidavit, particularly numbers and financial information. Mistakes can result in incorrect tax assessments or penalties.
Do consult with a legal or tax professional if you have questions or uncertainties about how to complete the affidavit or about your tax obligations. Professional advice can prevent legal issues down the line.
Don't leave any sections blank unless the form explicitly states that you can. Incomplete affidavits can be rejected or cause delays in your transaction.
Don't guess or estimate figures and descriptions. Use exact numbers and accurate descriptions to ensure the tax is calculated correctly and to prevent any disputes or revaluations.

Misconceptions

Understanding the nuances of Washington State's real estate procedures is crucial, especially when it comes to the Real Estate Excise Tax Affidavit. Many people have misconceptions about this form, which can lead to confusion and potential missteps in the real estate transaction process. Here, we aim to clarify some of these common misunderstandings.

All property sales are exempt from the Real Estate Excise Tax (REET). This is incorrect. While certain transactions may qualify for exemptions, most property sales in Washington are subject to the Real Estate Excise Tax. Exemptions are specific and must meet strict criteria outlined by the state.
The seller always pays the REET. Typically, the seller does bear the responsibility for this tax, but agreements between the buyer and seller can allocate the tax differently. Each transaction may vary, and parties involved should understand their agreement's specifics.
Filing the affidavit is optional. Actually, filing this affidavit is a mandatory step in the real estate transaction process. It provides essential information about the sale and is required by law for the transaction to be legally recognized.
The affidavit only needs to be filed with the county recorder’s office. While the affidavit does indeed need to be filed with the county, it also must be submitted to the Washington State Department of Revenue. Overlooking this step can result in penalties and delays.
There is no deadline for filing the affidavit. This statement is false. The affidavit, along with the payment of any applicable REET, must be filed within a specific timeframe after the sale's completion. Failure to meet this deadline can lead to late fees and interest charges.
Electronic filing isn’t allowed. On the contrary, Washington State encourages electronic filing for the REET affidavit. E-filing can expedite the process, ensuring that documents are processed more quickly and efficiently.
The information on the affidavit doesn’t affect property taxes. The data provided on the REET affidavit can indeed impact property taxes, as it includes the sale price of the property, which can affect property tax valuations.
Any attorney can prepare the affidavit. While it's true that any attorney can technically prepare the affidavit, it's advisable to work with someone familiar with Washington's real estate laws and the specific requirements of the REET affidavit to avoid errors.
Corrections to the affidavit can’t be made after filing. Corrections can actually be made after filing, but the process for doing so can be complex, requiring additional documentation and sometimes fees. It's best to ensure accuracy before submitting the form.

Dispelling these myths is critical for anyone involved in a real estate transaction in Washington State. By understanding the facts about the Real Estate Excise Tax Affiditable, parties can navigate their real estate deals more smoothly and with greater confidence.

Key takeaways

When dealing with the Washington Real Estate Excise Tax Affidavit, several key points need to be kept in mind to ensure its proper completion and use. This document is essential for the recording of a real estate sale or transfer within the state, and its accurate completion is vital to comply with Washington state requirements.

Comprehensive Details Required: The affidavit demands detailed information about the property transaction, including the full names and addresses of the seller and buyer, a legal description of the property, the sale price, and the date of sale. Accurate and complete information is crucial for the affidavit to be considered valid.
Calculation of Tax: The form requires the calculation of the real estate excise tax due on the transaction. This calculation is based on the sale price of the property, with specific rates applied depending on the location of the property within Washington state. It is essential to use the most current tax rates to ensure the correct amount is calculated and remitted.
Signatures are Mandatory: The affidavit must be signed by both the seller and the buyer or their legal representatives. A signature is a legal attestation to the accuracy and truthfulness of the information provided on the document. Without the necessary signatures, the document will not be processed, and the transaction may be delayed.
Timely Filing is Critical: The completed affidavit, along with the appropriate excise tax payment, must be filed with the county treasurer's office where the property is located, usually at the time of recording the deed. Timely filing is essential as late submissions may incur penalties and interest, increasing the overall tax liability associated with the transaction.

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