The record in the office of the recorder, prior to January 1, 1943, of a deed, mortgage, or assignment of mortgage which has failed to contain the post-office address of the grantee, mortgagee, or assignee named in such deed, mortgage, or assignment as provided by section 35-03-04, if such deed, mortgage, or assignment otherwise was entitled to record, is hereby validated and declared to be operative fully as constructive notice.

Terms Used In North Dakota Code 1-04-13

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.