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ND SB2180

Bill

Status

Passed

3/13/2015

Primary Sponsor

Ray Holmberg

Click for details

Origin

Senate

64th Legislative Assembly

AI Summary

  • Amends North Dakota Century Code section 47-19-41 to establish that unrecorded conveyances of real estate are void against any subsequent good-faith purchaser for valuable consideration, regardless of deed type.

  • Prohibits actions regarding title or liens on real property from being commenced based on the argument that a recorded instrument was not entitled to be recorded.

  • Declares that all recorded instruments, whether or not entitled to be recorded, constitute valid and sufficient legal records of such instruments.

  • Restricts holders of unrecorded conveyances from questioning the good faith of the first recording party unless they can establish the first recording party had actual knowledge of the unrecorded conveyance.

  • Passed with strong bipartisan support: Senate vote 46-1-0; House vote 91-0-3.

Legislative Description

Unrecorded conveyances.

Last Action

Signed by Governor 03/13

3/13/2015

Committee Referrals

Political Subdivisions1/12/2015

Full Bill Text

No bill text available