Bar Bulletin

Bar Bulletin

Revisions to Washington’s Residential Financing Contingency

May 2021 Bar Bulletin

By Kary Krismer

Several of the statewide residential real estate forms used by the Northwest Multiple Listing Service and others were amended in March. While many of the changes made are “tweaks,” some are more significant and may comprise a reaction to the extreme seller’s-market conditions brought on by low inventory levels. This is true of the changes to Form 22A, the financing contingency, which includes both tweaks and one major revision which may be helpful for buyers in the current market.

The tweaks deserve only slight mention:

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