ND HB1356

Amends subsection 7 of section 11-18-02.2 of the North Dakota Century Code regarding exemptions from recording statements of full consideration on property deeds.

Removes the exemption for "all sales to or from a government or governmental agency" and replaces it with "all forced sales, mortgage foreclosures, and tax sales."

Reorganizes and renumbers the remaining exemptions, consolidating the list from 13 items (lettered a through m) into 12 items (lettered a through l).

Maintains exemptions for sales involving public utilities, personal property, family or corporate affiliate transfers, estate settlements, religious/charitable/nonprofit organizations, quitclaim deeds, non-assessable property, agricultural lands under 80 acres, judgment transfers, and transfer on death deeds.

Passed with unanimous support: 94-0 in the House and 47-0 in the Senate during the 2017 regular session.