RCW 64.34.040
137 words·~1 min read·
/wa/title-64/chapter-64-34/64-34-040·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)If there is any unit owner other than a declarant, each unit that has been created, together with its interest in the common elements, constitutes for all purposes a separate parcel of real property.
(2)If there is any unit owner other than a declarant, each unit together with its interest in the common elements must be separately taxed and assessed.
(3)If a development right has an ascertainable market value, the development right shall constitute a separate parcel of real property for property tax purposes and must be separately taxed and assessed to the declarant.
(4)If there is no unit owner other than a declarant, the real property comprising the condominium may be taxed and assessed in any manner provided by law.
[ 1992 c 220 s 3 ; 1989 c 43 s 1-105.]