The Wyoming property disclosure statement is a form that property owners complete to disclose any known property damage, defects, zoning violations, and health hazards to prospective buyers. The completed document should include the property’s available utilities, water supply, sewage, and other terms listed under § 34-1-151. If the seller fails to disclose any information under this statute, they will be liable for any damages suffered by the buyer due to their negligence. Unless the purchase agreement waives the requirement, the seller must give the buyer a property disclosure statement before a purchase contract can be executed.
Laws – § 34-1-151
Purchase Agreement – A real estate contract for the sale of residential property. The form is generally used by prospective buyers to present the terms of their purchase offer to a seller, and it is executed by both parties if an agreement is reached.