Beginning January 1, 2024, Washington State implemented a substantial revision to its recording fees, significantly affecting the real estate sector. This modification entailed a $100 increase in the recording fee for each document, aligning with the Covenant Homeownership Program assessment as outlined in RCW 36.22.185. This hike is applicable to a broad array of documents, including standard recorded documents, Deeds of Trust, and all surveys and map-related documents.
Continue reading “Washington State’s Path to Fair Housing: The 2024 Recording Fee Increase and Covenant Homeownership Program”