Loading chat...

ND HB1271

Bill

Status

Introduced

1/13/2025

Primary Sponsor

Jim Grueneich

Click for details

Origin

House of Representatives

69th Legislative Assembly

AI Summary

  • Amends North Dakota Century Code section 11-18-02.2 regarding exceptions to the requirement for providing statements of full consideration on property deeds

  • 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"

  • Narrows the quitclaim deed exception to apply only when the deed specifically corrects a title defect, rather than all quitclaim deed transfers

  • 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

Committee Referrals

Judiciary1/13/2025

Full Bill Text

No bill text available