North Dakota Code 47-19.1-11 – Exceptions
This chapter shall not be:
Terms Used In North Dakota Code 47-19.1-11
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Remainderman: One entitled to the remainder of an estate after a particular reserved right or interest, such as a life tenancy, has expired.
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49
- Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
- United States: includes the District of Columbia and the territories. See North Dakota Code 1-01-49
1. Applied to bar:
a. The rights of any lessor or lessor’s successor as reversionary of the lessor’s right to possession on the expiration of any lease by reason of failure to file the notice herein required.
b. The rights of any remainderman upon the expiration of any life estate or trust created before the recording of a deed of conveyance as set out in section 47-19.1-01.
c. Rights founded upon any mortgage, trust deed, or contract for sale of lands which is not barred by the statute of limitations.
d. A mere possibility not coupled with an interest nor a mere right of re-entry or repossession for breach of a condition subsequent created by a conveyance of record less than forty years.
2. Deemed to affect the right, title, or interest of the state of North Dakota, or the United States, in any real estate in North Dakota.
3. Applied to the right, title, or interest of any railroad.