# RCW 82.45.030: RCW 82.45.030: "Selling price," "total consideration paid or contracted to be paid," defined

> Washington · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S030

## Section

- **Citation:** RCW 82.45.030
- **Heading:** RCW 82.45.030: "Selling price," "total consideration paid or contracted to be paid," defined
- **Jurisdiction:** Washington
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Washington Code / Title 82 / Chapter 45 / Section 030

## Text

(1) As used in this chapter, the term "selling price" means the true and fair value of the property conveyed. If property has been conveyed in an arm's length transaction between unrelated persons for a valuable consideration, a rebuttable presumption exists that the selling price is equal to the total consideration paid or contracted to be paid to the transferor, or to another for the transferor's benefit. (2) If the sale is a transfer of a controlling interest in an entity with an interest in real property located in this state, the selling price shall be the true and fair value of the real property owned by the entity and located in this state. If the true and fair value of the real property located in this state cannot reasonably be determined, the selling price shall be determined according to subsection (4) of this section. (3) As used in this section, "total consideration paid or contracted to be paid" includes money or anything of value, paid or delivered or contracted to be paid or delivered in return for the sale, and shall include the amount of any lien, mortgage, contract indebtedness, or other incumbrance, either given to secure the purchase price, or any part thereof, or remaining unpaid on such property at the time of sale. Total consideration shall not include the amount of any outstanding lien or incumbrance in favor of the United States, the state, or a municipal corporation for taxes, special benefits, or improvements. When a transfer or conveyance is made by deed in lieu of foreclosure to satisfy a deed of trust, total consideration shall not include the amount of any relocation assistance provided to the transferor. (4) If the total consideration for the sale cannot be ascertained or the true and fair value of the property to be valued at the time of the sale cannot reasonably be determined, the market value assessment for the property maintained on the county property tax rolls at the time of the sale shall be used as the selling price.

## Nearby sections

- [RCW 82.45.010 RCW 82.45.010: "Sale" defined.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S010.md)
- [RCW 82.45.020 RCW 82.45.020: "Seller" defined.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S020.md)
- [RCW 82.45.030 RCW 82.45.030: "Selling price," "total consideration paid or contracted to be paid," defined.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S030.md)
- [RCW 82.45.032 RCW 82.45.032: Additional definitions.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S032.md)
- [RCW 82.45.033 RCW 82.45.033: "Controlling interest" defined.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S033.md)
- [RCW 82.45.035 RCW 82.45.035: Determining selling price of leases with option to purchase—Mining property—Payment, security when selling price not separately stated.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S035.md)
- [RCW 82.45.060 RCW 82.45.060: Tax on sale of property.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S060.md)
- [RCW 82.45.065 RCW 82.45.065: Tax preferences—Expiration dates.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S065.md)
- [RCW 82.45.070 RCW 82.45.070: Tax is lien on property—Enforcement.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S070.md)
- [RCW 82.45.080 RCW 82.45.080: Tax is seller's obligation—Choice of remedies.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S080.md)
- [RCW 82.45.090 RCW 82.45.090: Payment of tax and fee—Evidence of payment—Recording—Sale of beneficial interest.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S090.md)
- [RCW 82.45.100 RCW 82.45.100: Tax payable at time of sale—Interest, penalties on unpaid or delinquent taxes—Notice—Prohibition on certain assessments or refunds—Deposit of penalties.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S100.md)
- [RCW 82.45.105 RCW 82.45.105: Single-family residential property, tax credit when subsequent transfer of within nine months for like property.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S105.md)
- [RCW 82.45.150 RCW 82.45.150: Applicability of general administrative provisions—Departmental rules, scope—Real estate excise tax affidavit form—Departmental audit.](https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S150.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_WA_T82_C45_S030. Check the current official text before relying on it. Not legal advice.