North Dakota Code 15-07-03 – Sale of nongrant lands authorized
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The board of university and school lands may sell nongrant land at either private or public sale as provided in this chapter. Any sale is subject to any existing lease of the land.
Terms Used In North Dakota Code 15-07-03
- 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