North Dakota Statutes
§ 35-20-02 — Vendor's lien waived by transfer of written contract for payment - Exception
North Dakota § 35-20-02
This text of North Dakota § 35-20-02 (Vendor's lien waived by transfer of written contract for payment - Exception) 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 § 35-20-02 (2026).
Text
Exception.
When a buyer of real property gives to the seller a written contract for payment of all or part
of the price, an absolute transfer of the contract by the seller waives the seller's lien to the
extent of the sum payable under the contract, but a transfer of the contract in trust to pay debts
and return the surplus is not a waiver of the lien.
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Related
Rolla Community Hospital, Inc. v. Dunseith Community Nursing Home, Inc.
354 N.W.2d 643 (North Dakota Supreme Court, 1984)
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 lienCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 35-20-02, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/35-20-02.