North Dakota Code 35-01-08 – Lien transfers no title
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Notwithstanding an agreement to the contrary, a lien or a contract for a lien transfers no title to the property subject to the lien.
Terms Used In North Dakota Code 35-01-08
- Contract: A legal written agreement that becomes binding when signed.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Property: includes property, real and personal. See North Dakota Code 1-01-49