Washington State

Office of the Attorney General

Attorney General

Bob Ferguson

AGO 1960 NO. 135 > Aug 15 1960

The county real estate excise tax applies to both conveyances where an owner desiring a new home conveys his existing home to a contractor who first uses the old home as collateral to secure a loan under FHA to finance the construction of the new home and then conveys the old home to a third person.