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Updated April 18, 2024

A Wyoming land contract is a purchase and sale agreement in which two parties record the transfer of vacant land ownership. Before the formal acquisition, the selling and buying parties may negotiate financial terms and other added conditions. Terms included in the agreement range from the agreed-upon purchase price to financing arrangements that would guarantee the costs through installments. The parties shall sign and execute the document upon reaching an accord on all matters regarding the real estate transaction, at which point they will designate a closing date. The seller will sign the property deed to the new owner at the scheduled closing and receive any funds due at the time of signing.

Supplemental Information

Wyoming Seller’s Property Disclosure Statement – Sellers of vacant land must provide prospective buyers a property disclosure statement that includes pertinent information about the property.^[1]
Where to Record? – Deeds must be filed with a county recorder at the County Clerk’s Office located within the property’s jurisdiction, along with an attached Statement of Consideration.^[2]