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Updated about 1 year ago on . Most recent reply

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Jake Kraft
  • Investor
  • Story, WY
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14
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Adverse posession and tacking in wyoming/ real estate attorney in wy

Jake Kraft
  • Investor
  • Story, WY
Posted

Hello all! I'll do my best to keep this short.. We own some acreage in sheridan wy, that is actually a bunch of blocks and lots grouped together (30 or so)  We purchased it from an estate 4 years ago.

Since we have owned it, and even prior to that, there have been 2 lots inside its perimeter owned by 2 different people. They do not reside in wy. We have never met them, nor have they ever visited or contacted us. Their lots are inside our fenced area, they would have to come down our driveway through the gate, and past the no trespass sign to get to their lots. 

This property has in the past been pasture for grazing, and we built a rental on one of the lots, in addition to planting trees and running irrigation. 

Since the covid boom, all the land around us has been developed, and become quite valuable. There's a shady realtor that has been buying and developing a lot of the lots here, and has been pressuring us to sell, which we do not plan to. Our concern is he will contact the owners of these 2 lots, buy them, and really have some leverage over us then.  

That leads to our question...I have an idea how adverse posession works, and believe ours would be a candidate. However, WY is a 10 year adverse protection state, and we have only owned it for 4. I have read about tacking, but cannot find a clear answer to if it would apply.  Does anyone have thoughts on our situation? Also, if anyone has a reference for a real estate attorney in the 82801 area, please message it to me.  

thanks all!

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,351
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28,236
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Jake Kraft:

This is the profile for Jerry W. from Thermopolis. He's a long-time attorney, investor, former judge, and all-around good guy: https://www.biggerpockets.com/users/jdwlaw

  • Nathan Gesner
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