North Dakota Statutes
§ 57-02-11.1 — Townhouses - Common areas - Assessment and taxation
North Dakota § 57-02-11.1
This text of North Dakota § 57-02-11.1 (Townhouses - Common areas - Assessment and taxation) 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 § 57-02-11.1 (2026).
Text
Townhouse property must be classified and valued as is other property except that the
value of the townhouse property must be increased by the value added by the right to use any
common areas in connection with the townhouse development. The common areas of the
development may not be separately taxed. The value of a common area of the townhouse
development must be assessed in an equal amount to each townhouse in the development
unless a declaration setting out a different apportionment is recorded in the office of the county
recorder. The total value of the townhouse property, including the value added as provided
herein, must have the benefit of any homestead credit under section 57-02-08.1 or other special
classification if the townhouse otherwise qualifies.
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Nearby Sections
15
§ 57-01-01
Bond of tax commissioner§ 57-01-02.1
Tax collection agreements with home rule cities or counties - Limitations on city or county authority§ 57-01-03
Office of commissioner§ 57-01-04
Salary§ 57-01-05
State supervisor of assessments§ 57-01-06.1
Statement of legislative intent concerning use of sales, market, and productivity studies§ 57-01-10
Tax manuals - Distribution§ 57-01-11
Assessment of or determination of additional tax liability by tax commissioner - Hearing - Appeal§ 57-01-12
Approval of refunds by tax commissionerCite This Page — Counsel Stack
Bluebook (online)
North Dakota § 57-02-11.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nd/57-02-11.1.