One Pacific Towers Homeowners' Ass'n v. HAL Real Estate Investments, Inc.

At issue in this case of first impression is whether a holding corporation, its subsidiaries, and others were “declarants” or “dealers” under the Washington Condominium Act1 for certain sales. If they were, the Condominium Act required that they provide their purchasers with public offering statements. We must also decide whether the trial court properly exercised its discretion in assessing attorney fees against the One Pacific Towers Homeowners’ Association and the plaintiff condominium purchasers (collectively, Owners) who brought this action.

Because the holding corporation and its…