American Real Estate Journal

WY · Researched October 7, 2026

Wyoming rules for property managers

Wyoming has few statutory landlord-tenant rules and very fast evictions: once rent is 3 days late, a 3-day notice to quit allows filing, and trial is set 3 to 12 days after service. Deposits must be returned within 30 days (or 15 days after getting a forwarding address), plus 30 more days if there is damage. Managing property for others for pay requires a real estate license.

Licensing to manage rentals in Wyoming

Checked against the official source
License required to manage for others?
yes. Real estate broker or salesperson license (property management is real estate activity)

Real estate activity includes renting, managing, or leasing real estate for another for compensation, and collecting rent. Property management is defined as managing real estate for another for compensation, including collecting rents, maintenance, and accounting.

Exemptions

Owners, their immediate family, and regular employees for the owner's own property; resident managers who live on site at apartment buildings or complexes; attorneys and recorded attorneys in fact; court and trust fiduciaries; and HOAs.

Trust accounts

The responsible broker must keep a designated trust or escrow account at a Wyoming financial institution (or use a funds holder), report it to the Commission, and deposit funds within one banking day unless all parties agree otherwise in writing. No commingling.

Money

Security deposit limit
No statutory limit.

The rental agreement must say whether any part of the deposit is nonrefundable, and you must give written notice of that when you take the deposit.

Wyo. Stat. § 1-21-1207Checked against the official source
Deposit return deadline
Within 30 days after termination, or 15 days after receiving the renter's new address, whichever is later; add 30 days if there is damage.

Mail or deliver the balance, prepaid rent, and an itemized list of deductions with reasons. Unreasonable failure lets the renter recover the full deposit and court costs. Separate utility deposits have their own shorter deadlines.

Wyo. Stat. § 1-21-1208Checked against the official source
Deposit interest and holding rules
No interest required; deposits are returned without interest.

No separate account is required of landlords. Licensed brokers must keep trust funds in a Wyoming trust or escrow account.

Wyo. Stat. § 1-21-1208(a)Checked against the official source
Late fees
No statewide statute caps or regulates late fees.

The residential rental and eviction articles have no late fee section, and a search of the full statutes found none for residential rent. Set any late fee in the rental agreement and keep it reasonable.

Application and screening fees
No statewide statute regulates application or screening fees.

The residential rental article has no application fee section. Disclose any fee up front and follow federal FCRA adverse action rules.

Rent increase notice
No statewide statute sets a rent increase notice period.

During a fixed term the lease controls. For periodic tenancies, put the increase notice period in the lease; giving at least one full rental period's written notice is good practice.

Notices and eviction

Notice for unpaid rent
3-day notice to quit after rent is 3 days late.

Eviction can be filed once rent is unpaid 3 days after it is due and a written 3-day notice to quit has been served by leaving it with the renter or at the home.

Wyo. Stat. §§ 1-21-1002(a)(i), 1-21-1003Checked against the official source
Notice for lease violations
3-day notice to quit; no cure period required by statute.

Grounds include breaking renter duties (cleanliness, occupancy limits, lease terms) and prohibited acts such as damage or refusing lawful access.

Eviction timeline
Very fast: summons served 3 to 12 days before trial, after a 3-day notice.

The renter does not have to file a written answer. If the renter does not appear, the court tries the case anyway. A continuance for the renter beyond 2 days requires a bond for rent. After judgment the officer executes the writ within 2 days, Sundays excepted, and an appeal stays the eviction only if the renter files a bond within 48 hours.

Abandoned property
Give written notice; property is abandoned if the renter does not respond within 7 days.

Trash and hazardous, perishable, or valueless items can be discarded right away. If the renter responds in writing, hold the property longer before disposal. You may charge reasonable storage costs before release.

Wyo. Stat. § 1-21-1210Checked against the official source

Access and condition

Landlord entry
No statute sets entry notice.

Renters may not unreasonably refuse entry for repairs, inspection, or showing the unit. Put entry terms in the lease and give reasonable notice.

Wyo. Stat. § 1-21-1205(a)(iii)Checked against the official source
Repairs and habitability
Keep the unit safe, sanitary, and fit, with working electric, heat, plumbing, and hot and cold water.

A renter who is current on rent must give written notice; the owner must start repairs or dispute in writing within a reasonable time. If repairs cost too much relative to rent, the owner may end the lease with 10 to 20 days' notice. Renters can then sue; there is no repair and deduct right.

Wyo. Stat. §§ 1-21-1202, 1-21-1203, 1-21-1206Checked against the official source
Required disclosures
Nonrefundable deposit notice, plus federal lead paint disclosure for pre-1978 units.

The managing agent is treated as the owner for notices unless the lease says otherwise in writing.

Wyo. Stat. §§ 1-21-1201(a)(i), 1-21-1207Checked against the official source

Fair housing

State fair housing protections
Same classes as federal law.

The Wyoming Fair Housing Act protects race, color, religion, sex, disability, familial status, and national origin.

Wyo. Stat. § 40-26-103Checked against the official source

Recent and upcoming changes

No statewide changes from 2024 to 2026 were found in the last review.

Cities and counties can have their own, stricter rules. Check your city or county code.

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