Title is the ownership interest or interests in real property and may include multiple legal and equitable interests that can be separated into separate title interests—such as water rights, easement rights, mineral rights, timber rights, and hunting rights—and held by different parties.
Title may also refer to legal evidence of a person’s or entity’s ownership of a piece of real property—often a document such as a deed that is recorded or filed in the public records (usually at the county level of government).
Title to a piece of real property is distinct from possession of the piece of real property. Possession of real property is a right that generally goes with title to real property—but possession is not necessarily sufficient to prove title to real property.
In Wyoming, title to real property represents the legal ownership and the bundle of rights associated with the property. These rights can include water, easement, mineral, timber, and hunting rights, and they can be divided and held by different parties. For instance, one party may own the surface rights while another holds the mineral rights beneath the land. Legal evidence of ownership, such as a deed, is typically recorded with the county clerk in the county where the property is located to provide public notice of the title. This recording system is crucial for establishing and protecting property rights and for any real estate transactions. It's important to note that while possession of real property often accompanies title, simply possessing property does not prove legal title. To establish or transfer title, legal processes and documentation are required, and these processes may involve complex legal and regulatory considerations. An attorney specializing in real estate law can provide guidance on matters of title and the various interests that may be attached to a piece of real property in Wyoming.