North Dakota § 47-18-16 Proceeds of sale exempt

North Dakota Statutes

§ 47-18-16 — Proceeds of sale exempt

North Dakota § 47-18-16

Title 47Property

Ch. 47-18Homestead

This text of North Dakota § 47-18-16 (Proceeds of sale exempt) 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 § 47-18-16 (2026).

Text

If a homestead is conveyed as provided in section 47-18-05 or sold for the satisfaction of
any lien mentioned in section 47-18-04, the price thereof or the proceeds of the sale beyond the
amount necessary to satisfy such lien, and not exceeding in either case the amount of the
homestead exemption, for a period of one year from the date of the conveyance, is entitled
thereafter to the same protection against legal process as the law gives to the homestead.

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If a homestead is conveyed as provided in section 47-18-05 or sold for the satisfaction of
any lien mentioned in section 47-18-04, the price thereof or the proceeds of the sale beyond the
amount necessary to satisfy such lien, and not exceeding in either case the amount of the
homestead exemption, for a period of one year from the date of the conveyance, is entitled
thereafter to the same protection against legal process as the law gives to the homestead.