SF0157 - Real estate subdivision requirements.

 

2001

State of Wyoming

01LSO-0444.E1 ENGROSSED

 

 

 

SENATE FILE NO.  SF0157

 

 

Real estate subdivision requirements.

 

Sponsored by:  Senator(s) Coe and Cathcart

 

 

A BILL

 

for

 

 1  AN ACT relating to real estate; amending definition of
 2  subdivision; modifying exemptions from subdivision
 3  requirements; and providing for an effective date.

 4 

 5  Be It Enacted by the Legislature of the State of Wyoming:

 6 

 7         Section 1.  W.S. 18-5-302(a)(vii), 18-5-303(a) by
 8  creating new paragraphs (ix) through (xii) and by creating
 9  a new subsection (b) are amended to read:

10 

11         18-5-302.  Definitions.

12 

13         (a)  As used in this article:

14 

15              (vii)  "Subdivision" means a the creation or
16  division of a lot, tract, parcel or other unit of land into
17  three (3) or more lots, plots, units, sites or other

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 1  subdivisions of land for the immediate or future purpose of
 2  sale, building development or redevelopment, for
 3  residential, recreational, industrial, commercial or public
 4  uses. The word "subdivide" or any derivative thereof shall
 5  have reference to the term subdivision, including mobile
 6  home courts, the creation of which constitutes a
 7  subdivision of land;

 8 

 9         18-5-303.  Exemptions from provisions.

10 

11         (a)  Unless the method of sale is adopted for the
12  purpose of evading the provisions of this article, this
13  article shall not apply to:

14 

15              (ix)  A division of a lot, tract, parcel or other
16  unit of land for the purpose of sale or gift to a member of
17  the immediate family of the property owner. For purposes of
18  this paragraph, a "member of the immediate family" means
19  any person who is a natural or legally defined offspring,
20  spouse, sibling, grandchild, grandparent or parent of the
21  owner;

22 

 

Page  2

 

 

 

 1  (x)  A one (1) time division of land less than
 2  thirty-five (35) acres, resulting in no more than two (2)
 3  lots, tracts, parcels or other units of land;

 4 

 5              (xi)  If the creation or division occurs through
 6  the action of a government entity or by eminent domain it
 7  shall not be considered a subdivision under this article;

 8 

 9              (xii)  Mortgages, deeds of trust and other
10  security instruments, easements, rights of way, judgments,
11  decrees and sheriff's deeds resulting from a judicial
12  action or foreclosure.

13 

14         (b)  This article shall not apply to the sale or
15  division of land where the parcels involved in the sale or
16  division are thirty-five (35) acres or larger.

17 

18         Section 2.  W.S. 18-5-303(a)(v) and 18-5-310 are
19  repealed.

20 

21         Section 3.  This act is effective July 1, 2001.

22 

23                                                                                                               (END)

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