In Wyoming’s competitive real estate market, buyers are looking for every advantage they can get, and escalation clauses have become a go-to strategy for winning bidding wars. But as you probably know, these clauses walk a legal tightrope. This month, we’re breaking down what escalation clauses are, why they’re used, and how to keep them […]
Escalation Clauses: A Powerful Tool or a Legal Risk? Read More »
As a real estate attorney, navigating the complexities of real estate law, especially in relation to Fair Housing practices, can be challenging. As part of our ongoing effort to support real estate professionals, we’ve put together a practical Legal Checklist for Real Estate Agents to help you avoid Fair Housing violations and ensure that your
How to Avoid Fair Housing Violations: A Legal Checklist for Agents Read More »
As a real estate agent in Wyoming, your commission is your livelihood. But what happens when a deal closes and your hard-earned commission is suddenly in question? Or when another agent claims they were the “procuring cause” of a sale? Commission and representation disputes are more common than you might think—especially in Wyoming, where real estate
Wyoming Real Estate Agents: How to Avoid Commission & Representation Disputes Read More »
When buying or selling a home, the disclosure/discovery process is critical. It allows the buyer to understand the condition of the property they are about to invest in, while also protecting the seller from future legal claims. However, Realtors are often confused on what facts need to be disclosed to prospective buyers. In this bi-weekly
Wyoming Property Disclosures Read More »
In Wyoming, there are specific guidelines and regulations that realtors need to follow to protect themselves from lawsuits and legal issues. Here are some tips to significantly reduce the risk of being dragged into a lawsuit: 1. Stay Licensed and Up-to-Date 2. Know Wyoming-Specific Laws and Regulations 3. Errors and Omissions Insurance (E&O Insurance) 4.
Realtors: Don’t Get Sued 101 Read More »
In Wyoming, homeowners are protected by what’s known as a “warranty of good workmanship.” This legal principle ensures that when a contractor performs work on a home, the work must meet a reasonable standard of quality. Essentially, it means that the work should be done with the skill and care that a reasonably competent contractor
The Warranty of Good Workmanship Read More »
Understanding the Legal Impact of Water Runoff on Property Water runoff can significantly impact both the structural integrity and value of real estate in Wyoming, particularly in subdivisions and residential communities. Realtors need to understand how drainage issues—often exacerbated by improper planning or development—can affect both current and potential property owners. Legal disputes related to
Wicked Water of the West: How Water Runoff Impacts Wyoming Property Read More »
