§ 15.1-12-07 — Transfer of real property upon annexation, reorganization, or dissolution

The legal title to all real property owned by a school district and annexed to another school
district, included in a reorganized district, or subjected to dissolution, vests in the board of the
reorganized school district or of the district to which the property is annexed or attached on the
effective date of the reorganization, annexation, or dissolution. If the reorganized district or
district to which the property is annexed or attached includes less than the whole of the former
district, legal title to the real property of the former district vests in the board of the school district
in which the property is situated on the effective date of the reorganization, annexation, or
dissolution. If the real property of a dissolved district is sold, exchanged, or donated to another
political subdivision pursuant to section 15.1-12-27, legal title to the real property vests in the
political subdivision to which the real property was sold, exchanged, or donated on the effective
date of the dissolution. A certificate prepared by a licensed attorney, citing the legal description
of the property and stating that the property has become annexed, attached, or reorganized with
another school district, or sold, exchanged, or donated to another political subdivision, must be
recorded in the office of the recorder of the county in which the property is located.