Property Ownership
A Wyoming fence law issue arises because Wyoming is an 'open range' state, meaning:
ALandowners must fence to keep others out
BRanchers may allow livestock to roam freely on public and private land; landowners must fence to keep livestock out✓ Correct
CAll rural land is public property
DHorses and cattle can be kept in any yard without restriction
Explanation
Wyoming is an open range state. Under open range law, ranchers are not required to fence in their livestock; rather, property owners who do not want livestock on their land must fence them out.
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Key Terms to Know
Joint Tenancy
Co-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Private Mortgage Insurance (PMI)Insurance required by lenders on conventional loans with less than 20% down payment, protecting the lender — not the borrower — against default.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
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