Any deed, judgment, decree, mortgage foreclosure, or other transfer, including a sheriff’s certificate of sale, affecting the title to real property in this state, in good faith taken, made, or rendered in favor or in the name of a deceased person, or in the name of the estate of a deceased person, or to the executor or administrator thereof, prior to January 1, 1943, must be construed and held to be made and to be in favor of the domestic or foreign executor or administrator, as the case may be, of the estate of such deceased person, and the same hereby is declared to be legal and valid for all purposes. Such executor or administrator hereby is authorized and empowered to assign, transfer, and set over any such property to the person entitled thereto. If a final decree of distribution has been issued by any domestic or foreign court relating to any property so acquired, assigning or transferring any such property to any person, such final decree of distribution shall vest in and transfer to such person so designated, fully and completely, all right, title, interest, claim, or demand thereto of the deceased and the estate of the deceased person.

Terms Used In North Dakota Code 1-04-10

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Executor: A male person named in a will to carry out the decedent
  • Executor: includes administrator and "administrator" includes executor. See North Dakota Code 1-01-49
  • 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
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
  • 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.
  • 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