Bill No.: HB0013                  Drafter:  MDO

 

LSO No.:  12LSO-0087              Effective Date:  July 1, 2012

 

Enrolled Act No.:  HEA0018

 

Chapter No.:       CH0045

 

Prime Sponsor:     Representative Brown

 

Catch Title:       Wind estate disclosure.

 

Subject:            Property Disclosure Requirements.

 

Summary/Major Elements:  This act:

 

·         Creates  W.S. 34-1-151(e), requiring every seller of land not within the boundaries of a city or town to disclose in writing if the wind estate has been severed from the surface estate, including the existence of a "wind energy agreement" as defined in W.S. 34-27-102(a)(i);

 

·         Provides that a prospective buyer may waive the disclosure requirements of W.S. 34-1-151(e);

 

·         Repeals W.S. 34-1-151(a)(viii), requiring information about severance of the wind estate in a property disclosure statement.