The bill seeks to improve homeownership opportunities in Washington State by revising the laws governing condominium construction. It amends several sections of the Revised Code of Washington (RCW), including RCW 64.90.670, 64.55.005, 64.90.675, and 64.55.010. Key provisions include the introduction of implied warranties for condominium units, ensuring that both units and common elements are fit for their intended use and meet applicable standards. The bill also clarifies the conditions under which these warranties can be excluded or modified, particularly for residential units, and sets forth requirements for express warranties and insurance coverage for new condominiums. Additionally, it specifies that certain provisions do not apply to accessory dwelling units organized as condominiums in common interest communities created after the bill's effective date.

Furthermore, the bill introduces new definitions and clarifications regarding terms related to multiunit residential buildings, such as "attached dwelling unit," "building enclosure," and "developer." It establishes a five-year prohibition on selling any dwelling unit on a property as a condominium unit from the date of first occupancy, with specific exceptions. A recorded covenant is required to enforce this prohibition, which can be lifted upon meeting certain conditions or after five years. The bill also mandates that design documents for building enclosures be stamped by a licensed architect or engineer and clarifies the definition of a "multiunit residential building." Some provisions of the bill will take effect on January 1, 2028, and it includes expiration dates for specific sections.

Statutes affected:
Original Bill: 64.90.670, 64.90.685, 64.55.100, 64.50.020, 64.55.005, 64.34.050, 64.90.025
Engrossed Bill: 64.90.670, 64.55.005, 64.34.050, 64.90.025, 64.55.010
Bill as Passed Legislature: 64.90.670, 64.55.005, 64.34.050, 64.90.025, 64.55.010
Session Law: 64.90.670, 64.55.005, 64.34.050, 64.90.025, 64.55.010