{"data":{"id":"us-wa/rcw-64.34.392","jurisdiction":"us-wa","citation":"RCW 64.34.392","heading":"Reserve account and study—Exemption—Disclosure. (Effective until January 1, 2028.)","body":"(1) Except as provided in RCW 64.90.080 and 64.90.545, a condominium association with ten or fewer unit owners is not required to follow the requirements under RCW 64.34.380 through 64.34.390 if two-thirds of the owners agree to exempt the association from the requirements.\n(2) The unit owners must agree to maintain an exemption under subsection (1) of this section by a two-thirds vote every three years.\n(3) Notwithstanding subsections (1) and (2) of this section, a disclosure that the condominium association does not have a reserve study must be included in a unit's public offering statement as required under RCW 64.34.410 or resale certificate as required under RCW 64.34.425.","path":["Title 64","Chapter 64.34"],"source_url":"https://app.leg.wa.gov/rcw/default.aspx?cite=64.34.392","current_through":"July 15, 2026","vintage":"","retrieved_at":"2026-09-06T01:39:32Z","sha256":"ba7639104df9cddcea846f3cc272ca4240fe7b08f2d5c3e9c5574260b70af1e9","source_id":"us-wa","stale":false,"prev":"us-wa/rcw-64.34.391","next":"us-wa/rcw-64.34.394"},"notice":"GroundRules: Original legal text. Not legal advice."}