North Dakota Code 57-28-08 – Effect of failure to satisfy tax lien
The failure of the owner, any mortgagee, or other lienholder to satisfy the tax lien before the date of foreclosure shall:
Terms Used In North Dakota Code 57-28-08
- 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
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Property: includes property, real and personal. See North Dakota Code 1-01-49
1. Pass any interest of the owner, mortgagee, or lienholder in the property to the county.
The interest acquired by the county is subject to the lien for installments of special assessments certified to the county auditor or which may become due after the service of the notice of foreclosure of tax lien. The interest acquired by the county is subject to an easement or right of way recorded with an effective date that precedes the date of official notice to the record titleholder which states that property taxes are delinquent and constitute a property lien.
2. Foreclose all rights of satisfaction.
3. Waive all errors, irregularities, or omissions which do not affect the substantial rights of the parties, except jurisdictional defects.