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    Washington Notice to Real Property Lender


    WA contractors, make sure you get paid. If the payment bond does not cover at least 50% of the construction financing amount, serve the lender with this Washington Notice to Real Property Lender form under RCW 60.04.221.

    • The Notice form must be served on the lender, the property owner and the prime contractor.
    • The form can be used for the supply of labor, materials, equipment or professional services.
    • The lender is required to withhold sufficient funds to pay for the services or materials from any future draws on the construction financing.
    • Failure to comply with the Notice may subject the lender to compromising all or part of its priority lien interest.
    • The form includes a copy of RCW Section 60.04.221 for your reference.
    This Washington Notice to Real Property Lender template is available in MS Word format, and can be re-used as often as you require.
    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 3994