North Dakota § 35-36-05 Sale of property - Application of proceeds

North Dakota Statutes

§ 35-36-05 — Sale of property - Application of proceeds

North Dakota § 35-36-05

Title 35Liens

Ch. 35-36Portable Storage Unit Property Lien

This text of North Dakota § 35-36-05 (Sale of property - Application of proceeds) 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 § 35-36-05 (2026).

Text

At any time before the sale, the lessee may pay the amount necessary to satisfy the lien
and redeem the lessee's property. If a sale is held, the owner shall satisfy the lien from the
proceeds of the sale and hold the balance, if any, for delivery on demand to the lessee or any
other recorded lienholder for a period of six months from the date of sale. Any amount not
claimed by the lessee from the owner within the six-month period is subject to the reporting
requirements of section 47-30.2-04.

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At any time before the sale, the lessee may pay the amount necessary to satisfy the lien
and redeem the lessee's property. If a sale is held, the owner shall satisfy the lien from the
proceeds of the sale and hold the balance, if any, for delivery on demand to the lessee or any
other recorded lienholder for a period of six months from the date of sale. Any amount not
claimed by the lessee from the owner within the six-month period is subject to the reporting
requirements of section 47-30.2-04.