Washington Model Disclosure Statement
SUMMARY: The Model Disclosure Statement is, briefly, a statement indicating the contractor's registration, bonding and insurance. It provides the consumer with enough information to ensure it is dealing with a legitimate contractor, and allows for the consumer to do further evaluation of the contractor, through Labor & Industries' website.
Under RCW 18.27.114, a contractor must provide an owner with a Model Disclosure Statement prior to initiating work valued at over $1,000.00 on four or less residential units or homes. Additionally, any commercial project under the price of $60,000.00 places the same obligation upon the contractor.
This document should be provided to the owner prior to the initiation of work and the contractor should secure the signature of the owner on a copy which should be retained for at least three years.
The failure to satisfy RCW 18.27.114 could result in a lien filing being deemed improper or even illegal, and the owner recovering its attorney fees and filing costs from yourself as filer.
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