Posted in Blog  
  on Apr 11, 2016

Wyoming Security Deposit Law for Landlords and Tenants

Under Wyoming law, a landlord must return a security deposit unless there is unpaid rent owed, cleaning that needs to be done, or damage which needs to be repaired.

Leases which allow for other costs to be deducted may also be enforced.

That's just one component of the Wyoming security deposit law for landlords and tenants to know. Here are some of the other key points of which you should be aware.

1. Normal Wear And Tear Is Exempt From The Security Deposit.

It is a good idea to take pictures of a property before leaving and take a final inventory of the property's condition for both parties.

Use a currently dated newspaper in your photos as evidence of the date they were taken.


2. A Security Deposit Must Generally Have Some Sort Of Refund.

Landlords are only permitted to keep an entire security deposit if the cleaning and repair costs are equal to that amount.

Only actual costs or overdue rental amounts may be claimed on the deposit.

3. Wyoming Considers Many Fees And Some Prepaid Rent To Be a Security Deposit.

Anything a tenant pays above and beyond the application fee and the first month's rent is considered a security deposit.

This includes cleaning fees, pet fees, and even the last month's rent.

This entire amount must be accounted for when itemizing claims for a refund.

4. Certain Parts Of a Security Deposit May Be Non-Refundable.

Wyoming requires landlords to notify tenants at the time of payment whether or not a portion of their security deposit is non-refundable. That decision cannot be made later.

5. There Is a Deadline For a Refund.

Landlords have 30 days from the time of notification of your forwarding address to send you the balance of your security deposit when there is no damage.

If there is damage, they have up to 60 days.

A separate utilities deposit has 10 days to be returned unless an outstanding bill remains after 45 days.

Tenants who do not receive what they feel is their rightful amount back will need to write a demand letter and then may need to sue in Small Claims Court.

This quick guide to Wyoming security deposit law is not intended to be legal advice or substitute as such. Always seek professional counsel for legal matters.


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