§ 57-02-41 — Attachment of tax lien and prorating taxes as between vendor and purchaser

North Dakota § 57-02-41

• Jurisdiction: North Dakota
• Title 57: Taxation
• Ch. 57-02: General Property Assessment

Text

purchaser.
All taxes, as between vendor and purchaser, become a lien on real estate on and after the
first day of January following the year for which such taxes were levied. If taxable real property
is acquired in any year after the assessment date by an owner in whose hands it will be exempt
from taxation, the taxes on it for the portion of the year that it was not exempt, computed to the
nearest month, constitute a personal charge against the person from whom it was acquired and
all of the provisions of law for payment and collection of personal property taxes are applicable
to such prorated taxes.
If exempt real property is acquired in any year after the assessment date by an owner in
whose hands it is taxable, it must be assessed as omitted property and the taxes on it for that
portion of the year that it is not exempt, computed to the nearest month, are subject to all of the

provisions for payment and collection that are applicable to taxes for the same year on other
real property.