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.
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 sourceOwners, 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.
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
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.
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.
No separate account is required of landlords. Licensed brokers must keep trust funds in a Wyoming trust or escrow account.
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.
The residential rental article has no application fee section. Disclose any fee up front and follow federal FCRA adverse action rules.
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.
Wyoming statutes neither set nor ban rent control; a search of all titles found no rent control provision.
Notices and eviction
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.
Grounds include breaking renter duties (cleanliness, occupancy limits, lease terms) and prohibited acts such as damage or refusing lawful access.
Put the notice period in the lease. A tenant who holds over after the term ends can be removed through forcible entry and detainer after a 3-day notice to quit.
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.
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.
Access and condition
Renters may not unreasonably refuse entry for repairs, inspection, or showing the unit. Put entry terms in the lease and give reasonable notice.
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.
The managing agent is treated as the owner for notices unless the lease says otherwise in writing.
Fair housing
The Wyoming Fair Housing Act protects race, color, religion, sex, disability, familial status, and national origin.
Recent and upcoming changes
No statewide changes from 2024 to 2026 were found in the last review.
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Sources
- Wyoming Statutes Title 1, Ch. 21, Art. 10 (Forcible entry and detainer) and Art. 12 (Residential rental property)
- Wyoming Statutes Title 33, Ch. 28 (Real estate license act)
- Wyoming Statutes Title 40, Ch. 26 (Wyoming Fair Housing Act)
- Wyoming Legislature statutes index
- Wyoming Statutes compressed PDFs, all titles (compiled May 8, 2026)
Compare with other states: security deposit limit, deposit return deadline, deposit interest and holding rules, late fees, application and screening fees, rent increase notice, rent control, notice for unpaid rent, notice for lease violations, ending a month-to-month, eviction timeline, abandoned property, landlord entry, repairs and habitability, required disclosures, state fair housing protections.