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HB0274 • 2007

Real estate disclosure.

AN ACT relating to real property; requiring sellers to provide a disclosure statement to prospective buyers as specified; and providing for an effective date.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Representative Zwonitzer, Dan
Last action
2007-03-08
Official status
enrolled
Effective date
7/1/2007

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB0274H2001

2nd reading • ZWONITZ,DN

Withdrawn

Plain English: Withdrawn 2nd reading by ZWONITZ,DN

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.
HB0274H3001

3rd reading • ZWONITZ,DN

Adopted

Plain English: Adopted 3rd reading by ZWONITZ,DN

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.
HB0274HS001

Standing Committee • H09

Adopted

Plain English: Adopted Standing Committee by H09

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.
HB0274S2001

2nd reading • FECHT

Adopted

Plain English: Adopted 2nd reading by FECHT

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.
HB0274SW001

Committee of the Whole • FECHT

Adopted

Plain English: Adopted Committee of the Whole by FECHT

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

Bill History

  1. 2007-03-08 LSO

    Assigned Chapter Number - 206

  2. 2007-03-08 Governor

    Governor Signed HEA0124

  3. 2007-03-01 Senate

    S President Signed HEA No. 0274

  4. 2007-03-01 House

    H Speaker Signed HEA No. 124

  5. 2007-03-01 LSO

    Assigned Number HEA0124

  6. 2007-03-01 Senate

    S Adopted HB0274JC01

  7. 2007-02-28 House

    H Adopted HB0274JC01

  8. 2007-02-28 Senate

    S Appointed JCC01 Members

  9. 2007-02-27 House

    H Appointed JCC01 Members

  10. 2007-02-27 House

    H Did Not Concur

  11. 2007-02-27 House

    H Received for Concurrence

  12. 2007-02-27 Senate

    S Passed 3rd Reading

  13. 2007-02-26 Senate

    S Passed 2nd Reading

  14. 2007-02-26 Senate

    Amendment Adopted

  15. 2007-02-23 Senate

    S Passed CoW

  16. 2007-02-23 Senate

    S Amendments Adopted

  17. 2007-02-23 Senate

    Amendment Adopted

  18. 2007-02-16 Senate

    S Placed on General File

  19. 2007-02-16 Senate

    S09 Recommended Do Pass

  20. 2007-02-09 Senate

    S Introduced and Referred to S09

  21. 2007-02-09 Senate

    S Received for Introduction

  22. 2007-02-07 House

    H Passed 3rd Reading

  23. 2007-02-07 House

    Amendment Adopted

  24. 2007-02-06 House

    H Passed 2nd Reading

  25. 2007-02-05 House

    H Passed CoW

  26. 2007-02-05 House

    Amendment Adopted

  27. 2007-02-05 House

    H Amendments Adopted

  28. 2007-02-02 House

    H Placed on General File

  29. 2007-02-02 House

    H09 Recommended Amend and Do Pass

  30. 2007-01-23 House

    H Introduced and Referred to H09

  31. 2007-01-22 House

    H Received for Introduction

  32. 2007-01-19 LSO

    Bill Number Assigned

Official Summary Text

2007 General Session Summary for HB0274

Bill No.:
HB0274
Drafter:

MDO

LSO No.:
07LSO-0453
Effective Date:

7/1/2007

Enrolled Act No.:
HEA124

Chapter No.:
206

Prime Sponsor:
Representative
Zwonitzer, Dn.

Catch Title:
Real
estate disclosure.

Subject:
Required disclosures of certain conditions on
vacant land.

Summary/Major Elements:

Requires that every seller of
vacant land provide to the buyer a property disclosure statement, including:

o

Whether the property is being
offered as a unified estate and if the fee ownership of the mineral estate has
been severed from the surface estate;

o

The availability of public
utilities, water and sewer infrastructure and fire protection services;

o

The name of the entity that
maintains the roads and the level of maintenance; and

o

The existence of any easements.

A failure to provide a
required property disclosure will not invalidate a property transfer, but
willful or negligent violation of this section will render the seller liable
for the amount of actual damages suffered by the buyer.

Comment:
Final action
was not yet taken at the time this summary was initially prepared. This
summary should replace the summary contained in the bound materials.

Current Bill Text

Read the full stored bill text
WORKING DRAFT

ORIGINAL HOUSE

BILL

NO.
0274

ENROLLED ACT NO. 124, HOUSE OF REPRESENTATIVES

FIFTY-NINTH LEGISLATURE OF THE STATE OF WYOMING
2007 GENERAL SESSION

AN ACT relating to real property; requiring sellers to provide a disclosure statement to prospective buyers as specified; and providing for an effective date.

Be it Enacted by the Legislature of the State of Wyoming:

Section 1.
W.S. 34
‑
1
‑
151 is created to read:

34
‑
1
‑
151.

Property disclosure statement.

(a)

Except as provided in subsection (b) of this section, every seller of vacant land shall provide to any prospective buyer a property disclosure statement that includes, but is not limited to, the following information:

(i)

Whether the property is being offered as a unified estate;

(ii)

If fee ownership of the underlying mineral estate has in any way been severed in the chain of title from the surface estate;

(iii)

The availability and location of public utilities;

(iv)

The name of the entity that maintains the roads and the level of maintenance available;

(v)

The availability of water and sewer infrastructure;

(vi)

The availability of fire protection services; and

(vii)

The existence and location of any easements across the land known to the seller or recorded in the records of the county clerk.

(b)

A buyer may waive disclosure of the information required under subsection (a) of this section.

(c)

No transfer subject to this section shall be invalidated solely because of the failure to comply with the provisions of subsection (a) of this section. However, any person who willfully or negligently violates or fails to perform the duties prescribed by subsection (a) of this section shall be liable in the amount of actual damages suffered by the buyer.

Section 2.

This act is effective July 1, 2007.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the House.

Chief Clerk

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