Except for real estate foreclosure sales if the property sells for more than the amount required to be collected, the surplus must be paid to the judgment debtor, unless the officer has another execution in the officer’s hands on which the surplus rightfully may be applied.

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Terms Used In North Dakota Code 28-23-09

  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Property: includes property, real and personal. See North Dakota Code 1-01-49