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WALast updated: 2026-01

Washington Regulations

Comprehensive guide to seller financing laws, usury limits, and disclosure requirements in Washington.

Maximum Interest Rate

12%

Business exemptions may apply

Usury Laws
Interest rate limits and penalties

Maximum Rate

12%

Penalty Type

Forfeiture of interest

Notes

General usury is 12% or 4% above T-bill rate. Higher rate permitted for written agreements.

Business Exemption

Business loans and loans over certain amounts have higher limits.

Seller Financing Requirements
Disclosures, licensing, and restrictions

Required Disclosures

  • Seller Disclosure Statement (Form 17)
  • Lead-based paint disclosure (pre-1978)

Licensing Required

No license required

No license required for seller financing own property.

Consumer Protection
Applicable laws protecting buyers
  • Washington Consumer Protection Act
Real Estate Specifics
Foreclosure process and property laws
  • Deed of Trust state
  • Non-judicial foreclosure (120-day minimum)
  • 8-day redemption (only certain circumstances)
Compliance Summary
Usury Limit12%
License RequiredNo
Business ExemptYes

Always verify current regulations. This is for educational purposes only.

Legal Disclaimer

This information about Washington regulations is provided for educational purposes only and does not constitute legal or tax advice. Laws change frequently and vary by county and municipality. Always verify current regulations with a licensed Washington attorney before entering into any seller financing arrangement.