The bill amends existing property law in Wyoming to require sellers of vacant land to provide prospective buyers with a property disclosure statement that includes information about whether the ownership interest in the pore space has been severed. Specifically, it adds a new requirement for sellers to disclose this information as part of the property disclosure statement. Additionally, the bill modifies the existing law regarding the conveyance of surface ownership of real property, stipulating that all conveyances must include notice of whether the ownership interest in the pore space is included in the transaction.

The bill also clarifies that unless the ownership interest in the pore space has been previously severed or explicitly excluded, it is automatically included in the conveyance of surface ownership. This legislation is set to take effect on July 1, 2025, applying to all conveyances of real property occurring on or after that date.

Statutes affected:
Introduced: 34-1-151, 34-1-152