North Dakota Code 35-22-11 – Certificate of sale – Contents – Recordation within sixty days after sale – Effect of certificate
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When any real property is sold by virtue of a power of sale contained in any mortgage, the officer making the sale immediately shall give to the purchaser a certificate of sale containing all of the following:
Terms Used In North Dakota Code 35-22-11
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- following: when used by way of reference to a chapter or other part of a statute means the next preceding or next following chapter or other part. See North Dakota Code 1-01-49
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Property: includes property, real and personal. See North Dakota Code 1-01-49
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
1. A particular description of the real property sold.
2. The price bid for each distinct lot or parcel.
3. The whole price paid.
4. The costs and fees for making the sale.
The certificate must be executed and acknowledged and must be recorded in the office of the recorder of the county wherein the real property is situated within sixty days after the date of the sale. The sheriff’s certificate, or a copy thereof certified by the recorder, is evidence of the facts therein recited and contained.