Washington Real Estate Agents Gain Limited Exemption From State Foreclosure Rescue Statute

In Seattle, Washington, the Seattle Post Intelligencer reports:

• Local Realtors are lauding new changes to Washington's year-old distressed-property law. Last year's law aimed to protect people in danger of losing their homes to foreclosure from getting ripped off by people offering to help. But real estate agents said the rules subjected them to all sorts of unfair liability. The new law, which Gov. Chris Gregoire signed earlier this week, exempts agents from the definition of "distressed home consultant" when doing their normal jobs.

For more, see Realtors hail exemption to distressed-property law.