Wyoming § 1-18-103 Right of redemption; redemption of agricultural
real estate; "agricultural real estate" defined

Wyoming Statutes

§ 1-18-103 — Right of redemption; redemption of agricultural real estate; "agricultural real estate" defined

Wyoming·Title 01 Civil Procedure·Ch. 18 SALE AND REDEMPTION OF REALTY SOLD UNDER

(a)Except as provided with respect to agricultural real estate, it is lawful for any person, his heirs, executors, administrators, assigns or guarantors whose real property has been sold by virtue of an execution, decree of foreclosure, or foreclosure by advertisement and sale within three (3) months from the date of sale, to redeem the real estate by paying to the purchaser, his heirs, executors, administrators or assigns, or to the sheriff or other officer who sold the property, for the benefit of the purchaser, the amount of the purchase price or the amount given or bid if purchased by the execution creditor or by the mortgagee under a mortgage, together with interest at the rate of ten percent (10%) per annum from the date of sale plus the amount of any assessments or taxes and the am

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(a) Except as provided with respect to agricultural real
estate, it is lawful for any person, his heirs, executors,
administrators, assigns or guarantors whose real property has
been sold by virtue of an execution, decree of foreclosure, or
foreclosure by advertisement and sale within three (3) months
from the date of sale, to redeem the real estate by paying to
the purchaser, his heirs, executors, administrators or assigns,
or to the sheriff or other officer who sold the property, for
the benefit of the purchaser, the amount of the purchase price
or the amount given or bid if purchased by the execution
creditor or by the mortgagee under a mortgage, together with
interest at the rate of ten percent (10%) per annum from the
date of sale plus the amount of any assessments or taxes and the
amount due on any prior lien which the purchaser paid after the
purchase, with interest. On payment of this amount the sale and
certificate granted are void and the sheriff or other officer
shall issue a certificate of redemption.
(b) In the case of any mortgage upon one (1) or more
parcels of real estate any or all of which were agricultural
real estate on the date of execution of the mortgage as stated
in the mortgage, the period within which the owner, his heirs,
executors, administrators, assigns or guarantors may redeem the
premises sold is twelve (12) months from the date of the sale.
(c) The term "agricultural real estate" means any single
parcel of land in excess of eighty (80) acres lying outside the
exterior boundaries of any incorporated city, town or recorded
subdivision or any property that is used substantially for
agricultural purposes, which, if combined with other property in
the mortgage that is used substantially for agricultural
purposes, equals eighty (80) acres or more in aggregate. If the
mortgage recites that the real estate involved is agricultural
real estate, it is presumed the parties to the mortgage, their
heirs, executors, administrators, assigns, guarantors or
successors in interest have agreed to and are bound by all the
provisions of law relative to the twelve (12) month right of
redemption provided in subsection (b) of this section.

Wyoming § 1-18-103 (Right of redemption; redemption of agricultural real estate; "agricultural real estate" defined) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.