North Dakota Code 50-17-07 – Contract with private landowner – Notice to mortgagee and lienholder
Whenever any contract is entered into by this state or the United States or any agency thereof, with a private landowner, as is provided for in section 50-17-05, the following must be deemed constructive notice of such agreement to any mortgagee of or lienholder upon the lands conveyed thereby:
Terms Used In North Dakota Code 50-17-07
- Contract: A legal written agreement that becomes binding when signed.
- following: when used by way of reference to a chapter or other part of a statute means the next preceding or next following chapter or other part. See North Dakota Code 1-01-49
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
- 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
- United States: includes the District of Columbia and the territories. See North Dakota Code 1-01-49
1. Recording of such contract in the office of the recorder of the county in which the land involved is situated; 2. Posting of a copy of the contract in the office of the county auditor of the county in which the land involved is situated; and
3. Mailing a copy of such contract by registered or certified mail to any mortgagee or lienholder of record at that person‘s address as shown by the record, or, if not so shown, to that person’s last-known post-office address. Such copy must be mailed by the recorder of the county where the land is situated within five days after the recording of the instrument.