Formatting Requirements
A trust deed in Wyoming must be notarized.[1] Deeds are to be filed at the County Clerk’s Office. There are no state-wide formatting standards, but some counties may have certain requirements.
Foreclosure Process
In contrast with a mortgage state, foreclosure in a deed of trust state is generally handled via a non-judicial process. The trustee may sell the property without court involvement if the borrower defaults. This out-of-court process is faster and advantageous for lenders.