North Dakota § 35-03-05.1 Recording and filing assignment of mortgage - Notice to whom

North Dakota Statutes

§ 35-03-05.1 — Recording and filing assignment of mortgage - Notice to whom

North Dakota § 35-03-05.1

Title 35Liens

Ch. 35-03Mortgage of Real Property

This text of North Dakota § 35-03-05.1 (Recording and filing assignment of mortgage - Notice to whom) 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 § 35-03-05.1 (2026).

Text

An assignment of a mortgage may be recorded or filed in the same manner as a mortgage,
and the record thereof operates as notice to all persons subsequently deriving title to the
mortgage from the assignor. When the mortgage is executed as security for money due or to
become due on a promissory note, bond, or other instrument designated in the mortgage, the
record of the assignment of the mortgage is not of itself notice to a mortgagor or a mortgagor's
heirs or personal representatives so as to invalidate any payment made by them or either of
them to the person holding such note, bond, or other instrument.

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An assignment of a mortgage may be recorded or filed in the same manner as a mortgage,
and the record thereof operates as notice to all persons subsequently deriving title to the
mortgage from the assignor. When the mortgage is executed as security for money due or to
become due on a promissory note, bond, or other instrument designated in the mortgage, the
record of the assignment of the mortgage is not of itself notice to a mortgagor or a mortgagor's
heirs or personal representatives so as to invalidate any payment made by them or either of
them to the person holding such note, bond, or other instrument.