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ND HB1271
Bill
Status
1/13/2025
Primary Sponsor
Jim Grueneich
Click for details
AI Summary
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Amends North Dakota Century Code section 11-18-02.2 regarding exceptions to the requirement for providing statements of full consideration on property deeds
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Clarifies language for quitclaim deed exception: changes "for which is given a quitclaim deed" to "for which a quitclaim deed is used to correct a title defect"
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Narrows the quitclaim deed exception to apply only when the deed specifically corrects a title defect, rather than all quitclaim deed transfers
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Maintains all other existing exceptions including public utility property, family/corporate affiliate sales, estate settlements, foreclosures, nonprofit transactions, and agricultural lands under 80 acres
Legislative Description
Exceptions for providing statements of full consideration.
Last Action
Second reading, failed to pass, yeas 7 nays 80
1/31/2025