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Seller's Disclosure of Forfeiture Rights for Contract for Deed - Wyoming

Seller's Disclosure of Forfeiture Rights for Contract for Deed - Wyoming 2025

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This document is a disclosure regarding the forfeiture rights related to a Contract for Deed between a seller and purchaser for a specific property. It informs the purchaser that failure to meet any terms of the contract may result in loss of the property through forfeiture, termination, or foreclosure.

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What is the statute 34 1 139 in Wyoming?

(a) No interest in real property shall be valid unless it must vest not later than twenty-one (21) years after some life in being at the creation of the interest and any period of gestation involved in the situation to which the limitation applies.

What is the statute 34 1 142 in Wyoming?

(a) When a deed, contract or other document transferring legal or equitable title to real property, including instruments conveying ownership of structures on lands not owned by the transferring party, is presented to a county clerk for recording, the instrument shall be accompanied by a statement under oath by the

What is the meaning of ownership deeded?

What is a deed of ownership? The deed of ownership is a notarial deed that certifies that the persons, legal or natural, mentioned by it, are actually the owners of the property. Whatever the nature of the property (house, apartment, land, etc.)

What does it mean when a land is deeded?

A property deed is a legal document that transfers real estate ownership from a seller to a buyer. Its not the same thing as a title. For a deed to be legal, it must state the name of the buyer and the seller, describe the property being transferred, and include the signature of the party transferring the property.

What are the 7 requirements for a deed to be valid?

Remember CEDDING for the Elements of a Deed Consideration (valuable or good) Execution (signed by a competent grantor and two witnesses) Description of property. Delivery and acceptance (voluntary) Interest or estate being conveyed (habendum clause) Names of a grantee and grantor. Granting and other appropriate clauses.

What is deeded land in Wyoming?

(iv) Deed means a conveyance of real property, in writing signed by the grantor, whereby the interest held by the grantor to real property is transferred from a grantor to a grantee; (v) Real property means as defined by W.S. 39‑11‑l0l(a)(xv). 39‑24‑102.

What is the difference between titled and deeded?

A title and a deed are both concepts that refer to property ownership. A deed is an official document that transfers property ownership from a seller to a buyer. By contrast, a title is an intangible legal concept that describes ownership of the property and responsibilities that come with it.

What does deeded acreage mean?

Deeded Acreage: The official acreage listed in the deed which is the historic record of conveyance for property ownership and the primary legal record defining the property and its boundaries.

Seller's Disclosure of Forfeiture Rights for Contract for Deed - Wyoming 2025

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