1233 AAS 4/13/99 S2581.1
HB 1233 - S COMM AMD
By Committee on Judiciary
ADOPTED AS AMENDED (FLR 344) 4/13/99
Strike everything after the enacting clause and insert the following:
"Sec. 1. RCW 6.13.010 and 1993 c 200 s 1 are each amended to read as follows:
(1) The homestead consists of real or personal property that the owner uses as a residence. In the case of a dwelling house or mobile home, the homestead consists of the dwelling house or the mobile home in which the owner resides or intends to reside, with appurtenant buildings, and the land on which the same are situated and by which the same are surrounded, or improved or unimproved land owned with the intention of placing a house or mobile home thereon and residing thereon. A mobile home may be exempted under this chapter whether or not it is permanently affixed to the underlying land and whether or not the mobile home is placed upon a lot owned by the mobile home owner. Property included in the homestead must be actually intended or used as the principal home for the owner.
(2) As used in this chapter, the term "owner" includes but is not limited to a purchaser under a deed of trust, mortgage, or real estate contract.
(3) As used in this chapter, the term "net value" means market value less all liens and encumbrances senior to the judgment being executed upon and not including the judgment being executed upon.
Sec. 2. RCW 6.13.150 and 1987 c 442 s 215 are each amended to read as follows:
If, from the report, it appears to the court that the value of the homestead, less liens and encumbrances senior to the judgment being executed upon and not including the judgment being executed upon, exceeds the homestead exemption and the property can be divided without material injury and without violation of any governmental restriction, the court may, by an order, direct the appraiser to set off to the owner so much of the land, including the residence, as will amount in net value to the homestead exemption, and the execution may be enforced against the remainder of the land.
Sec. 3. RCW 6.13.160 and 1987 c 442 s 216 are each amended to read as follows:
If, from the report, it appears to the court that the appraised value of the homestead property, less liens and encumbrances senior to the judgment being executed upon and not including the judgment being executed upon, exceeds the amount of the homestead exemption and the property is not divided, the court must make an order directing its sale under the execution. The order shall direct that at such sale no bid may be received unless it exceeds the amount of the homestead exemption.
Sec. 4. RCW 6.13.030 and 1993 c 200 s 2 are each amended to read as follows:
A
homestead may consist of lands, as described in RCW 6.13.010, regardless of
area, but the homestead exemption amount shall not exceed the lesser of (1) the
total net value of the lands, mobile home, improvements, and other personal
property, as described in RCW 6.13.010, or (2) the sum of ((thirty)) forty
thousand dollars in the case of lands, mobile home, and improvements, or the
sum of fifteen thousand dollars in the case of other personal property
described in RCW 6.13.010, except where the homestead is subject to execution,
attachment, or seizure by or under any legal process whatever to satisfy a
judgment in favor of any state for failure to pay that state's income tax on
benefits received while a resident of the state of Washington from a pension or
other retirement plan, in which event there shall be no dollar limit on the
value of the exemption."
HB 1233 - S COMM AMD
By Committee on Judiciary
ADOPTED AS AMENDED (FLR 344) 4/13/99
On page 1, line 1 of the title, after "exemption;" strike the remainder of the title and insert "and amending RCW 6.13.010, 6.13.150, 6.13.160, and 6.13.030."
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