Legal Resources
HCMP Client Update Seattle's New Guaranty Ordinance - What Commercial Landlords Need to Know
The Ordinance imposes limits on the maximum amount a landlord may require for a personal guaranty of a lease and imposes a limit on any required security deposit or letters of credit. Continue Reading »
Update on the Wilburton Vision Implementation
The proposed Code contemplates significant zoning changes, including increases in height and FAR to allow high rise development. Continue Reading »
New Law Removes the Notarization Requirement for Commercial Leases
Washington to no longer require acknowledgment, witnesses, or seals for leases of any duration. Continue Reading »
HCMP Client Update: New Law Creates Leasehold Excise Tax Exemption for Affordable Housing
Washington Legislature has approved a tax break for affordable housing built on state land. Continue Reading »
Seattle Passes New Restrictions on Commercial Lease Guaranties
On December 12, the Seattle City Council passed Council Bill 120643 which will take effect later this month. The ordinance establishes new restrictions on commercial leases. Continue Reading »