1233 AMS JUD S2581.1

HB 1233 - S COMM AMD

By Committee on Judiciary

    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."

HB 1233 - S COMM AMD

By Committee on Judiciary

    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, and 6.13.160."

                            --- END ---