reglab/housing_qa huggingface dataset:
WA Rev Code § 62A.9A-621 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-621 - Notification of proposal to accept collateral.

RCW 62A.9A-621 Notification of proposal to accept collateral.(a) Persons to which proposal to be sent. A secured party that desires to accept collateral in full or partial satisfaction of the obligation it secures shall send its proposal to:(1) Any other secured party or lienholder that, ten days before the debtor consented to the acceptance, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:(A) Identified the collateral;(B) Was indexed under the debtor's name as of that date; and(C) Was filed in the office or offices in which to file a financing statement against the debtor covering the collateral as of that date; and(2) Any other secured party that, ten days before the debtor consented to the acceptance, held a security interest in the collateral perfected by compliance with a statute, regulation, or treaty described in RCW 62A.9A-311(a).(b) Proposal to be sent to secondary obligor in partial satisfaction. A secured party that desires to accept collateral in partial satisfaction of the obligation it secures shall send its proposal to any secondary obligor in addition to the persons described in subsection (a) of this section.[ 2011 c 74 § 725; 2000 c 250 § 9A-621.]NOTES:Application—Effective date—2011 c 74: See notes following RCW 62A.9A-102.
WA Rev Code § 62A.9A-622 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-622 - Effect of acceptance of collateral.

RCW 62A.9A-622 Effect of acceptance of collateral.(a) Effect of acceptance. A secured party's acceptance of collateral in full or partial satisfaction of the obligation it secures:(1) Discharges the obligation to the extent consented to by the debtor;(2) Transfers to the secured party all of a debtor's rights in the collateral;(3) Discharges the security interest or agricultural lien that is the subject of the debtor's consent and any subordinate security interest or other subordinate lien; and(4) Terminates any other subordinate interest.(b) Discharge of subordinate interest notwithstanding noncompliance. A subordinate interest is discharged or terminated under subsection (a) of this section, even if the secured party fails to comply with this Article.[2000 c 250 § 9A-622.]
WA Rev Code § 62A.9A-623 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-623 - Right to redeem collateral.

RCW 62A.9A-623 Right to redeem collateral.(a) Persons that may redeem. A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.(b) Requirements for redemption. To redeem collateral, a person shall tender:(1) Fulfillment of all obligations secured by the collateral; and(2) The reasonable expenses and attorneys' fees described in RCW 62A.9A-615(a)(1).(c) When redemption may occur. A redemption may occur at any time before a secured party:(1) Has collected collateral under RCW 62A.9A-607;(2) Has disposed of collateral or entered into a contract for its disposition under RCW 62A.9A-610; or(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under RCW 62A.9A-622.[2000 c 250 § 9A-623.]
WA Rev Code § 62A.9A-624 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-624 - Waiver.

RCW 62A.9A-624 Waiver.(a) Waiver of disposition notification. A debtor may waive the right to notification of disposition of collateral under RCW 62A.9A-611 only by an agreement to that effect entered into and authenticated after default.(b) Waiver of mandatory disposition. A debtor may waive the right to require disposition of collateral under RCW 62A.9A-620(e) only by an agreement to that effect entered into and authenticated after default.(c) Waiver of redemption right. Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under RCW 62A.9A-623 only by an agreement to that effect entered into and authenticated after default.[2000 c 250 § 9A-624.]
WA Rev Code § 62A.9A-626 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-626 - Action in which deficiency or surplus is in issue.

RCW 62A.9A-626 Action in which deficiency or surplus is in issue.(a) Applicable rules if amount of deficiency or surplus in issue. In an action arising from a transaction in which the amount of a deficiency or surplus is in issue, the following rules apply:(1) A secured party need not prove compliance with the provisions of this part relating to collection, enforcement, disposition, or acceptance unless the debtor or a secondary obligor places the secured party's compliance in issue.(2) If the secured party's compliance is placed in issue, the secured party has the burden of establishing that the collection, enforcement, disposition, or acceptance was conducted in accordance with this part.(3) Except as otherwise provided in RCW 62A.9A-628, if a secured party fails to prove that the collection, enforcement, disposition, or acceptance was conducted in accordance with the provisions of this part relating to collection, enforcement, disposition, or acceptance, the liability of a debtor or a secondary obligor for a deficiency is limited to an amount by which the sum of the secured obligation, expenses, and attorneys' fees exceeds the greater of:(A) The proceeds of the collection, enforcement, disposition, or acceptance; or(B) The amount of proceeds that would have been realized had the noncomplying secured party proceeded in accordance with the provisions of this part relating to collection, enforcement, disposition, or acceptance.(4) For purposes of (3)(B) of this subsection, the amount of proceeds that would have been realized is equal to the sum of the secured obligation, expenses, and attorneys' fees unless the secured party proves that the amount is less than that sum.(b) [Reserved][2000 c 250 § 9A-626.]
WA Rev Code § 62A.9A-627 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-627 - Determination of whether conduct was commercially reasonable.

RCW 62A.9A-627 Determination of whether conduct was commercially reasonable.(a) Greater amount obtainable under other circumstances; no preclusion of commercial reasonableness. The fact that a greater amount could have been obtained by a collection, enforcement, disposition, or acceptance at a different time or in a different method from that selected by the secured party is not of itself sufficient to preclude the secured party from establishing that the collection, enforcement, disposition, or acceptance was made in a commercially reasonable manner.(b) Dispositions that are commercially reasonable. A disposition of collateral is made in a commercially reasonable manner if the disposition is made:(1) In the usual manner on any recognized market;(2) At the price current in any recognized market at the time of the disposition; or(3) Otherwise in conformity with reasonable commercial practices among dealers in the type of property that was the subject of the disposition.(c) Approval by court or on behalf of creditors. A collection, enforcement, disposition, or acceptance is commercially reasonable if it has been approved:(1) In a judicial proceeding;(2) By a bona fide creditors' committee;(3) By a representative of creditors; or(4) By an assignee for the benefit of creditors.(d) Approval under subsection (c) of this section not necessary; absence of approval has no effect. Approval under subsection (c) of this section need not be obtained, and lack of approval does not mean that the collection, enforcement, disposition, or acceptance is not commercially reasonable.[2000 c 250 § 9A-627.]
WA Rev Code § 62A.9A-628 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-628 - Nonliability and limitation on liability of secured party; liability of secondary obligor.

RCW 62A.9A-628 Nonliability and limitation on liability of secured party; liability of secondary obligor.(a) Limitation of liability of secured party for noncompliance with article. Unless a secured party knows that a person is a debtor or obligor, knows the identity of the person, and knows how to communicate with the person:(1) The secured party is not liable to the person, or to a secured party or lienholder that has filed a financing statement against the person, for failure to comply with this Article; and(2) The secured party's failure to comply with this Article does not affect the liability of the person for a deficiency.(b) Limitation of liability based on status as secured party. A secured party is not liable because of its status as secured party:(1) To a person that is a debtor or obligor, unless the secured party knows:(A) That the person is a debtor or obligor;(B) The identity of the person; and(C) How to communicate with the person; or(2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:(A) That the person is a debtor; and(B) The identity of the person.(c) Limitation of liability if reasonable belief that transaction not a consumer-goods transaction or consumer transaction. A secured party is not liable to any person, and a person's liability for a deficiency is not affected, because of any act or omission arising out of the secured party's reasonable belief that a transaction is not a consumer-goods transaction or a consumer transaction or that goods are not consumer goods, if the secured party's belief is based on its reasonable reliance on:(1) A debtor's representation concerning the purpose for which collateral was to be used, acquired, or held; or(2) An obligor's representation concerning the purpose for which a secured obligation was incurred.(d) Limitation of liability for statutory damages. A secured party is not liable to any person under RCW 62A.9A-625(c)(2) for its failure to comply with RCW 62A.9A-616.(e) Limitation of multiple liability for statutory damages. A secured party is not liable under RCW 62A.9A-625(c)(2) more than once with respect to any one secured obligation.[ 2011 c 74 § 727; 2001 c 32 § 45; 2000 c 250 § 9A-628.]NOTES:Application—Effective date—2011 c 74: See notes following RCW 62A.9A-102.Effective date—2001 c 32: See note following RCW 62A.9A-102.
WA Rev Code § 62A.9A-701 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-701 - Effective date—2000 c 250.

RCW 62A.9A-701 Effective date—2000 c 250.This act takes effect July 1, 2001.[2000 c 250 § 9A-701.]
WA Rev Code § 62A.9A-702 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-702 - Savings clause.

RCW 62A.9A-702 Savings clause.(a) Preeffective-date transactions or liens. Except as otherwise provided in this section, Article 62A.9A RCW applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2001.(b) Continuing validity. Except as otherwise provided in subsection (c) of this section and RCW 62A.9A-703 through 62A.9A-709:(1) Transactions and liens that were not governed by *Article 62A.9 RCW, were validly entered into or created before July 1, 2001, and would be subject to Article 62A.9A RCW if they had been entered into or created after July 1, 2001, and the rights, duties, and interests flowing from those transactions and liens remain valid after July 1, 2001; and(2) The transactions and liens may be terminated, completed, consummated, and enforced as required or permitted by Article 62A.9A RCW or by the law that otherwise would apply if Article 62A.9A RCW had not taken effect.(c) Preeffective-date proceedings. Article 62A.9A RCW does not affect an action, case, or proceeding commenced before July 1, 2001.[ 2001 c 32 § 46; 2000 c 250 § 9A-702.]NOTES:*Reviser's note: Article 62A.9 RCW was repealed in its entirety by 2000 c 250 § 9A-901, effective July 1, 2001.Effective date—2001 c 32: See note following RCW 62A.9A-102.
WA Rev Code § 62A.9A-703 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-703 - Security interest perfected before effective date.

RCW 62A.9A-703 Security interest perfected before effective date.(a) Continuing priority over lien creditor: Perfection requirements satisfied. A security interest that is enforceable immediately before July 1, 2001, and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest under Article 62A.9A RCW if, on or before July 1, 2001, the applicable requirements for enforceability and perfection under Article 62A.9A RCW are satisfied without further action.(b) Continuing priority over lien creditor: Perfection requirements not satisfied. Except as otherwise provided in RCW 62A.9A-705, if, immediately before July 1, 2001, a security interest is enforceable and would have priority over the rights of a person that becomes a lien creditor at that time, but the applicable requirements for enforceability or perfection under Article 62A.9A RCW are not satisfied on or before July 1, 2001, the security interest:(1) Is a perfected security interest for one year after July 1, 2001;(2) Remains enforceable thereafter only if the security interest becomes enforceable under RCW 62A.9A-203 before the year expires; and(3) Remains perfected thereafter only if the applicable requirements for perfection under Article 62A.9A RCW are satisfied before the year expires.[ 2001 c 32 § 47; 2000 c 250 § 9A-703.]NOTES:Effective date—2001 c 32: See note following RCW 62A.9A-102.
WA Rev Code § 62A.9A-704 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-704 - Security interest unperfected before effective date.

RCW 62A.9A-704 Security interest unperfected before effective date.A security interest that is enforceable immediately before July 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time:(1) Remains an enforceable security interest for one year after July 1, 2001;(2) Remains enforceable thereafter if the security interest becomes enforceable under RCW 62A.9A-203 on or before July 1, 2001, or within one year thereafter; and(3) Becomes perfected:(A) Without further action, on July 1, 2001, if the applicable requirements for perfection under Article 62A.9A RCW are satisfied before or at that time; or(B) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.[ 2001 c 32 § 48; 2000 c 250 § 9A-704.]NOTES:Effective date—2001 c 32: See note following RCW 62A.9A-102.
WA Rev Code § 62A.9A-706 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-706 - When initial financing statement suffices to continue effectiveness of financing statement.

RCW 62A.9A-706 When initial financing statement suffices to continue effectiveness of financing statement.(a) Initial financing statement in lieu of continuation statement. The filing of an initial financing statement in the office specified in RCW 62A.9A-501 continues the effectiveness of a financing statement filed before July 1, 2001, if:(1) The filing of an initial financing statement in that office would be effective to perfect a security interest under Article 62A.9A RCW;(2) The preeffective-date financing statement was filed in an office in another state or another office in this state; and(3) The initial financing statement satisfies subsection (c) of this section.(b) Period of continued effectiveness. The filing of an initial financing statement under subsection (a) of this section continues the effectiveness of the preeffective-date financing statement:(1) If the initial financing statement is filed before July 1, 2001, for the period provided in *RCW 62A.9-403 with respect to a financing statement; and(2) If the initial financing statement is filed after July 1, 2001, for the period provided in RCW 62A.9A-515 with respect to an initial financing statement.(c) Requirements for initial financing statement under subsection (a) of this section. To be effective for purposes of subsection (a) of this section, an initial financing statement must:(1) Satisfy the requirements of Part 5 for an initial financing statement;(2) Identify the preeffective-date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and(3) Indicate that the preeffective-date financing statement remains effective.[ 2001 c 32 § 50; 2000 c 250 § 9A-706.]NOTES:*Reviser's note: RCW 62A.9-403 was repealed by 2000 c 250 § 9A-901, effective July 1, 2001.Effective date—2001 c 32: See note following RCW 62A.9A-102.
WA Rev Code § 62A.9A-707 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-707 - Amendment of preeffective-date financing statement.

RCW 62A.9A-707 Amendment of preeffective-date financing statement.(a) Preeffective-date financing statement. In this section, "preeffective-date financing statement" means a financing statement filed before July 1, 2001.(b) Applicable law. On or after July 1, 2001, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a preeffective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in Part 3. However, the effectiveness of a preeffective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.(c) Method of amending: General rule. Except as otherwise provided in subsection (d) of this section, if the law of this state governs perfection of a security interest, the information in a preeffective-date financing statement may be amended on or after July 1, 2001, only if:(1) The preeffective-date financing statement and an amendment are filed in the office specified in RCW 62A.9A-501;(2) An amendment is filed in the office specified in RCW 62A.9A-501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies RCW 62A.9A-706(c); or(3) An initial financing statement that provides the information as amended and satisfies RCW 62A.9A-706(c) is filed in the office specified in RCW 62A.9A-501.(d) Method of amending: Continuation. If the law of this state governs perfection of a security interest, the effectiveness of a preeffective-date financing statement may be continued only under RCW 62A.9A-705 (d) and (f) or 62A.9A-706.(e) Method of amending: Additional termination rule. Whether or not the law of this state governs perfection of a security interest, the effectiveness of a preeffective-date financing statement filed in this state may be terminated on or after July 1, 2001, by filing a termination statement in the office in which the preeffective-date financing statement is filed, unless an initial financing statement that satisfies RCW 62A.9A-706(c) has been filed in the office specified by the law of the jurisdiction governing perfection as provided in Part 3 as the office in which to file a financing statement.[ 2001 c 32 § 51; 2000 c 250 § 9A-707.]NOTES:Effective date—2001 c 32: See note following RCW 62A.9A-102.
WA Rev Code § 62A.9A-708 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-708 - Persons entitled to file initial financing statement or continuation statement.

RCW 62A.9A-708 Persons entitled to file initial financing statement or continuation statement.A person may file an initial financing statement or a continuation statement under this part if:(1) The secured party of record authorizes the filing; and(2) The filing is necessary under this part:(A) To continue the effectiveness of a financing statement filed before July 1, 2001; or(B) To perfect or continue the perfection of a security interest.[ 2001 c 32 § 52; 2000 c 250 § 9A-708.]NOTES:Effective date—2001 c 32: See note following RCW 62A.9A-102.
WA Rev Code § 62A.9A-709 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-709 - Priority.

RCW 62A.9A-709 Priority.(a) Law governing priority. Article 62A.9A RCW determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2001, *Article 62A.9 RCW determines priority.(b) Priority if security interest becomes enforceable under RCW 62A.9A-203. For purposes of RCW 62A.9A-322(a), the priority of a security interest that becomes enforceable under RCW 62A.9A-203 dates from July 1, 2001, if the security interest is perfected under Article 62A.9A RCW by the filing of a financing statement before July 1, 2001, which would not have been effective to perfect the security interest under *Article 62A.9 RCW. This subsection does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement.[ 2001 c 32 § 53.]NOTES:*Reviser's note: Article 62A.9 RCW was repealed in its entirety by 2000 c 250 § 9A-901, effective July 1, 2001.Effective date—2001 c 32: See note following RCW 62A.9A-102.
WA Rev Code § 62A.9A-803 (2021)
2021 Revised Code of Washington|Title 62A - Uniform Commercial Code|Chapter 62A.9A - Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper.|62A.9A-803 - Security interest perfected before effective date.

RCW 62A.9A-803 Security interest perfected before effective date.(a) Continuing perfection: Perfection requirements satisfied. A security interest that is a perfected security interest immediately before July 1, 2013, is a perfected security interest under chapter 62A.9A RCW if, on July 1, 2013, the applicable requirements for attachment and perfection under chapter 62A.9A RCW as of July 1, 2013, are satisfied without further action.(b) Continuing perfection: Perfection requirements not satisfied. Except as otherwise provided in RCW 62A.9A-805, if, immediately before July 1, 2013, a security interest is a perfected security interest, but the applicable requirements for perfection under chapter 62A.9A RCW as of July 1, 2013, are not satisfied when this section takes effect, the security interest remains perfected thereafter only if the applicable requirements for perfection under chapter 62A.9A RCW as of July 1, 2013, are satisfied within one year after July 1, 2013.[ 2011 c 74 § 602.]NOTES:Application—Effective date—2011 c 74: See notes following RCW 62A.9A-102.