A Wyoming standard residential lease agreement is a formal legal contract that creates a rental arrangement between a landlord and a tenant.
This document includes all the necessary details to form a legally binding agreement, safeguarding the rights and responsibilities of both parties involved. It also outlines key details, such as the rent amount, security deposit, maintenance obligations, and property description.
Lease Length Considerations
- It is generally feasible to obtain a lease for any duration, provided that the length of the lease is clearly stated and mutually agreed upon in writing by both the landlord and the tenant.
Required Disclosures
- Lead-based paint disclosure
- Notice of nonrefundable deposit
Our Wyoming lease agreement page explains each disclosure in more depth.
Security Deposit
- Maximum Amount ($): No state-imposed limit.
- Returning to Tenant: Within 30 days after the lease terminates or within 15 days of the landlord receiving the tenant’s new address (whichever is later). [1]
Rent Payment
- Grace Period: There is no rent grace period.
- Maximum Late Fee: Landlords don’t have to abide by a statutory limit for late fees, but it’s advisable to write the amount that they will charge in the lease.
- NSF Fee: $30 is the maximum amount a landlord can charge for a bad check. [2]
Landlord Resources
- Landlord-Tenant Laws – Article 12 (Residential Rental Property).
- Handbook – Landlord-Tenant Guide.
