North Dakota Statutes
§ 35-03-09 — Defeasance must be recorded - Effect of failure to record
When a grant of real property purports to be an absolute conveyance but is intended to be
defeasible on the performance of certain conditions, the grant is not defeated or affected as
against subsequent purchasers or encumbrancers in good faith and for value, unless an
instrument of defeasance duly executed and acknowledged is recorded in the office of the
recorder of the county where the property is situated.
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North Dakota § 35-03-09 (Defeasance must be recorded - Effect of failure to record) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 35-01-01
Scope of statutes relating to liens§ 35-01-02
Definition of lien§ 35-01-05.1
When security interest in vehicle valid§ 35-01-05.2
Priority of liens securing future advances§ 35-01-06
Obligations not in existence§ 35-01-08
Lien transfers no title§ 35-01-09
Recorder to file and index lien