North Dakota Statutes

§ 15-03-13 — Redemption after foreclosure

North Dakota § 15-03-13
JurisdictionNorth Dakota
Title 15Education
Ch. 15-03Investment of Funds

This text of North Dakota § 15-03-13 (Redemption after foreclosure) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.D. Cent. Code § 15-03-13 (2026).

Text

When a mortgage acquired under the provisions of this chapter has been foreclosed, the mortgagor or a redemptioner may redeem the property from the purchaser within one year after the sale, in the following manner:

1.By paying the purchaser the amount of that person's purchase with interest at the rate provided in the mortgage;
2.By paying the amount of any insurance premiums, assessments, taxes, utilities, or other items which the purchaser has paid thereon after the purchase, and the interest thereon at the same rate; and
3.If the purchaser is also a creditor having a lien prior to that of the redemptioner, other than the mortgage under which the purchase was made, by paying the amount of the lien with interest.

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Bluebook (online)
North Dakota § 15-03-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/15-03-13.