The Wyoming commercial lease agreement is a contract between a commercial entity and the owner or landlord of retail, office, or industrial space. This document outlines the rules and responsibilities of each party, as well as the terms and conditions of renting such a space.
The Wyoming commercial rental law differs significantly from the residential rental law. Here are a few things that landlords in Wyoming need to know:
- Self-Help Eviction: Self-help eviction, such as when a landlord locks the tenant out or turns off the utilities, is illegal for residential rental property. However, there is no provision in the Wyoming law that makes this technique illegal for commercial rental properties.
- Licensed Property Manager: Property management in Wyoming is considered a real estate activity. The Wyoming law requires that a property manager, who is not also the property owner, must have a real estate license.