Transfer Taxes in Wyoming: Who Pays?
Good news! Wyoming is one of the few states that doesn’t have a state-level transfer tax. This means that neither the buyer nor the seller is responsible for paying a transfer tax at closing when selling land. This can significantly simplify the closing process and reduce overall costs for both parties.
However, some local jurisdictions within Wyoming might impose their own transfer taxes. It’s crucial to check with the specific county or municipality where your land is located to ensure no local transfer taxes apply in your case.