A Wyoming deed is a document that transfers a grantor’s interest in real property to a grantee. Each deed type offers a certain amount of protection against title defects (e.g., liens, debts, unpaid taxes), and the context of the transfer will indicate which type to use. Homebuyers will generally favor general or special warranty deeds, as they will not need to worry about the title’s condition or unexpected expenses from defects. On the other hand, warranty-free quit claim deeds are often used when a property is conveyed as a gift or divorce settlement, as the title’s condition is presumably already known by the grantee.
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Types (5)
Deed of Trust – A legal agreement wherein a trustee retains a property title until a debtor settles their obligation to a creditor.
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Quit Claim Deed – Used to release a grantor’s claim to a title; not used for conveying warranties in real property transfers.
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Special Warranty Deed – Can only convey warranties against title encumbrances made under the present title holder.
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Transfer on Death Deed – Transfers an interest in real property to a named beneficiary upon the owner’s death.
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Warranty Deed – Used to convey a property title to another party with full protection against title defects and a guarantee that the grantor is the current title holder.
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Laws & Requirements
- Statutes: Title 34, Chapter 2 (§§ 34-2-101 to 34-2-137)
- Formatting (§ 18-3-402(a)(vi) – (viii)): Individual counties may have specific formatting requirements (see Sweetwater County).
- Signing Requirements (§ 34-1-113): Notary Public
- Where to Record (§ 34-1-118): County Clerk’s Office
- Recording Fees (§ 18-3-402(a)(xvi)(A)): $12 for the first page + $3 for each additional page
- Forms:
- Statement of Consideration (§ 34-1-142(a)): Must be completed by the grantee and submitted to the county clerk when recording a deed.
- Property Disclosure Statement (§ 34-1-151): Must be completed by a seller of vacant land to inform the buyer of the state of the property.