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Commonly Asked Questions about North Dakota Warranty Deed

After-acquired title. When a person purports by proper instrument to convey real property in fee simple and subsequently acquires any title or claim of title to the real property, the real property passes by operation of law to the person to whom the property was conveyed or that persons successor.
A North Dakota deed must include one of two certifications signed by the new owner. The new owner certifies (a) the full consideration paid for the property or (b) that a statement of consideration is not required because the deed is exempt.
With a quit-claim deed, the transferor makes no guarantee as to what rights the transferee will receive. Instead, the transferor is transferring to the transferee whatever rights the transferor has. These rights could be a fee simple absolute, or a life estate, or some other partial ownership interest.
Contract for Deed. - After, a contract for deed has been signed by the parties, the vendor retains the legal title to the land until the vendee has fully performed the terms of the contract. However, the law regards the vendee, as the owner of the property for most purposes, since the vendee ordinarily gets the.
No owner of real estate, or owner of any equity therein, who shall make or execute a contract for deed, bond for deed, or other instrument for the future conveyance of any such real estate or equity therein, shall have the right to declare a cancellation, termination, or forfeiture thereof or thereunder, except upon North Dakota Century Code t32c18 ndlegis.gov cencode ndlegis.gov cencode
Quitclaim deeds are ideal for non-commercial transactions where guarantees regarding the propertys title, ownership, or insurance are not provided to the grantee. These deeds are commonly used for transferring property to family members, spouses, or into a living trust.
Recording All deeds should be filed with the County Recorders Office in the jurisdiction of the property. Signing All deeds must be sworn by the Grantor(s) signing in front of a Notary Public.