North Dakota Code 28-05-09 – When lis pendens not required
Current as of: 2023 | Check for updates
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A notice of the pendency of an action in a district court is not required if the action is for the foreclosure of a mortgage.
Terms Used In North Dakota Code 28-05-09
- 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
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.