{"id":377408,"date":"2016-03-31T21:37:24","date_gmt":"2016-04-01T02:37:24","guid":{"rendered":"https:\/\/ability-fl-prod.internetbrands.com\/ability-law\/state\/wyoming-law\/wyoming-homestead-laws.html"},"modified":"2026-07-29T11:22:29","modified_gmt":"2026-07-29T16:22:29","slug":"wyoming-homestead-laws","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/state\/wyoming-law\/wyoming-homestead-laws.html","title":{"rendered":"Wyoming Homestead Laws"},"content":{"rendered":"\n
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Wyoming Homestead Laws<\/h1>\n\n
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\n By Susan Buckner, J.D.<\/a> | Legally reviewed by Catherine Hodder, Esq.<\/a>\n | Last updated\n
\n \n <\/i>\n Legally Reviewed\n <\/summary>\n\n
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This article has been written and reviewed for legal accuracy, clarity, and style by FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with our editorial standards<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n\n

\n \n <\/i>\n Fact-Checked\n <\/summary>\n\n
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The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n\n\n

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Key Takeaways<\/h2>\n

Wyoming<\/span> homestead<\/span> exemptions<\/span> protect homeowners<\/span>\u2019 property from forced sale and seizure in the event of bankruptcy or collection actions<\/a>. Homestead exemption<\/span> laws protect the homeowner<\/span>\u2019s equity in their primary residence<\/span>, up to one hundred thousand dollars<\/span> ($100,000). Homestead exemption<\/span> laws are different from property tax exemptions<\/span>, which reduce a homeowner<\/span>\u2019s tax burden based on the property\u2019s assessed value<\/span>. Homestead laws<\/span> exempt a statutory amount of real estate<\/span> and only apply to collection actions and bankruptcy.<\/p>\n\n <\/div>\n <\/div>\n<\/div>\n\n\n

The state of <\/span>Wyoming<\/span> homestead<\/span> statute (Wyo<\/span>. Stat. Ann. \u00a7 1-20-101) protects a homeowner<\/span>\u2019s primary residence<\/span>. To qualify for the exemption, you must be a Wyoming<\/span> resident. The real property<\/span> must be your principal dwelling<\/a>. The exemption protects:<\/p>\n