Transfer where REET already paid or lease/contract began prior to 1951

From the 2024 DOR Tax Exemption Study

or domestic partner or children of the transferor or the transferor's spouse or domestic partner 5 TRA . . . dated July 11, 2017 included $. . . in state and local REET, $. . . in state and local delinquent interest and $. . . in tax assessment penalty. Det. No. 20-0127, 41 WTD 95 (March 8, 2022) 98 as the only beneficiaries at the time of the transfer to the trust, or (iii) a corporation or partnership wholly owned by the original transferor and/or the transferor's spouse or domestic partner or children of the transferor or the transferor's spouse or domestic partner, within three years of the original transfer to which this exemption applies, and the tax on the subsequent transfer has not been paid within sixty days of becoming due, excise taxes become due and payable on the original transfer as otherwise provided by law. RCW 82.45.010(3)(p). WAC 458-61A-211 is the Department’s rule implementing this exclusion. It defines a qualified transaction as one where no change in beneficial ownership occurs. WAC 458-61A-211(2). The rule explains that a transfer is exempt from REET where it is a: [T]ransfer by [an entity] of its interest in real property to its shareholders or partners, w