Real Estate Purchase Agreement Template - Wyoming

A Wyoming Real Estate Purchase Agreement is an agreement between parties who wish to sell or transfer real estate, including any fixtures. This document states that a purchaser acquires a vendor's right and interest in that property and contains detailed information about closing the transaction. Specify that a vendor must have a right, power, and authority to transfer the property, and its present use is not in violation of any governmental rules, permits, and regulations.

A vendor has to guarantee that all mortgage liens on the property will have been released on the transaction closing date. This individual must also guarantee that any material alterations, additions, or improvements to the property have been made under the required permits and authorizations. If the property is subject to a lease, a vendor must deliver to a purchaser an assignment of the Lease Agreement, security deposits, and advance payments related to this lease.

Wyoming does not provide an official Real Estate Purchase Agreement for those looking to buy real estate. Make your own Wyoming Real Estate Purchase Agreement via our online form builder or download a ready-made form through the link below.

A filled-out and notarized Lead Disclosure is required for all residences built before 1978. Additionally, according to law § 40-12-105 of the state, Wyoming is a "buyer beware" or "caveat emptor" state. This means that the buyer agrees to take possession of the property on an "as-is" basis. There are no guarantees made by the seller. However, If a seller hires a real estate agent, the agent is required to use an Agent Brokerage Disclosure (§33-28-303(c)) to inform potential buyers of any property defects which the seller has informed the agent about.