RCW 61.34 and similar acts in Oregon, Nevada and California

[Patrick Britton]

As all wholesalers in the state of Washington know or should know, RCW 61.34 is the Distressed Homeowners Conveyance Act.  In short, this act basically forbids wholesalers to deal with owner occupied properties. While its intention is good, i.e. prevent equity skimming, it has another result, due to its poor verbiage, that prevents many pre-foreclosures from getting the help they need.

While not all is lost as there are many non-owner-occupied properties to work with, it is nonetheless a hindrance. 

Is anyone aware of any similar acts, rules, regulations, laws, etc., in states of Oregon, Nevada or California? Based in my initial research, it appears that Washington is in fact the only state in the union which forbids wholesalers to work with owner occupied, but I thought I would reach out to the Bigger Pockets community for confirmation.