Washington § 84.26.090 - Disqualification for valuation — Additional tax — Lien — Exceptions from additional tax.

Full text of Washington Revised Code of Washington § 84.26.090 — Disqualification for valuation — Additional tax — Lien — Exceptions from additional tax., with citation guidance and answers to common questions.

§ 84.26.090. Disqualification for valuation — Additional tax — Lien — Exceptions from additional tax.

(1) Except as provided in subsection (3) of this section, whenever property classified and valued as eligible historic property under RCW 84.26.070 becomes disqualified for the valuation, there shall be added to the tax an additional tax equal to:
(a) The cost multiplied by the levy rate in each year the property was subject to special valuation; plus
(b) Interest on the amounts of the additional tax at the statutory rate charged on delinquent property taxes from the dates on which the additional tax could have been paid without penalty if the property had not been valued as historic property under this chapter; plus
(c) A penalty equal to twelve percent of the amount determined in (a) and (b) of this subsection.
(2) The additional tax and penalties, together with applicable interest thereon, shall become a lien on the property which shall have priority to and shall be fully paid and satisfied before any recognizance, mortgage, judgment, debt, obligation, or responsibility to or with which the property may become charged or liable.
(3) The additional tax, interest, and penalty shall not be imposed if the disqualification resulted solely from:
(a) Sale or transfer of the property to an ownership making it exempt from taxation;
(b) Alteration or destruction through no fault of the owner; or
(c) A taking through the exercise of the power of eminent domain.
[ 1986 c 221 s 7; 1985 c 449 s 9.]

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Frequently Asked Questions About Washington § 84.26.090

What does Revised Code of Washington § 84.26.090 cover?

Section 84.26.090 ("Disqualification for valuation — Additional tax — Lien — Exceptions from additional tax.") is part of the Revised Code of Washington, the codified statutory law of Washington. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Washington § 84.26.090?

A common citation format is "Revised Code of Washington § 84.26.090" (Washington). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 84.26.090 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

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