Washington Administrative Code
Title 255 - Historical Society, Washington State
Chapter 255-30 - Washington State Historical Society-gifts, Grants, Conveyances, Bequests and Devices
Section 255-30-100 - Acceptance of real estate
Universal Citation: WA Admin Code 255-30-100
Current through Register Vol. 24-18, September 15, 2024
(1) The society may accept gifts of developed or undeveloped real estate. The following requirements apply to the acceptance of real estate:
(a) Acceptance of real estate
is contingent on formal approval of the society's board of trustees;
(b) Acceptance of property shall not violate
any federal, state or local statute or ordinance;
(c) The purpose for which the property is
being donated shall be permissible under the state expenditure rules which
apply to donations to the society;
(d) The donor agrees that the property can be
sold at the society's discretion;
(e) The donor may be responsible for
obtaining and paying for an appraisal of the property. The appraisal must be
performed by an independent, qualified appraiser;
(f) The society's board of trustees may
require the donor provide an environmental appraisal of any proposed gift of
real estate;
(g) The donor may be
asked to pay for all or a portion of the following:
(i) Maintenance costs;
(ii) Real estate taxes due prior to date of
conveyance;
(iii)
Insurance;
(iv) Real estate
broker's commission and other costs of sale; and
(v) Preliminary title report costs;
and
(h) The property
shall be conveyed by warranty deed prior to the execution of any contract of
sale by the grantor.
Disclaimer: These regulations may not be the most recent version. Washington may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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