Bill
HB 1858
Eliminating the exemption for assignments or substitutions of previously recorded deeds of trust from the document recording fee and the covenant homeownership program assessment.
2025-2026 Regular Session
Introduced by Beth Doglio and 8 co-sponsors
Washington now requires lenders to pay recording fees and homeownership program assessments when reassigning or substituting previously-recorded mortgage deeds, generating housing program revenue while increasing mortgage transaction costs.
Effective date 7/27/2025.