A Wyoming standard residential lease agreement is a commonly used instrument that documents a landlord-tenant relationship for the duration of a fixed tenancy term. Such leases typically last one (1) year, and a grand majority include renewal options upon the lease’s maturity date. Each party should fully comprehend their duties as either a tenant or landlord. Each party’s obligations should be clearly specified on the rental agreement and may be formulated through the guidance of the Landlord-Tenant Guide (see below). Note that breaking a lease will result in penalties under the contract terms and Wyoming state and local laws. For an extra layer of legal protection, each party can vet the other by performing background checks or they may have the lease notarized.
Handbook – Landlord-Tenant Guide
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