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Required Disclosures (3) |
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Buyer Beware
Wyoming is what is known as a “buyer beware” state, which means that residential real estate sellers aren’t legally required to disclose the condition of a property being sold to potential buyers. However, if the sale is conducted through a real estate broker, the broker will be required to inform the buyer of any known materially adverse defects (§ 33-28-303(c)). Furthermore, under consumer protection law, sellers are prohibited from deliberately misrepresenting the property for sale (§ 40-12-105).