North Dakota · Century CodeNorth Dakota real estate closing laws: a checklist for transaction coordinators
North Dakota's rules for a home sale, in the order a transaction meets them: before final acceptance of a purchase agreement for a home of up to four units, the seller discloses in writing the material facts it knows that could adversely and significantly affect an ordinary buyer – on the Real Estate Commission's form when a licensee is involved – and separately discloses known radon information with the statutory statement for the buyer to sign (N.D. Cent. Code §§47-10-02.1, 47-10-02.2). In an HOA or condominium, the seller gives the buyer the association package by the agreed date or within 10 days after the purchase agreement, and the buyer may void the contract until it's provided and for five days after (§47-10-02.3). For rentals, the deposits and accrued interest are transferred to the buyer, and the seller stays liable until they are (§47-16-07.1(5)).
From disclosure to closing
1. Seller disclosure (§47-10-02.1)
Material facts before final acceptance.
2. Radon (§47-10-02.2)
Known information and the statement signed by the buyer.
3. HOA or condo package (§47-10-02.3)
Within 10 days; buyer may void for five days after.
4. Tenant deposits (§47-16-07.1(5))
Transferred with interest; seller liable until then.
Questions about North Dakota closings
When must a North Dakota seller disclose?
Before the parties sign the final acceptance of the purchase agreement (N.D. Cent. Code §47-10-02.1).
Does a North Dakota buyer sign anything about radon?
Yes – the statutory radon statement given with the seller's radon disclosure (§47-10-02.2).
What happens to deposits when a North Dakota rental is sold?
They're transferred with accrued interest to the buyer (§47-16-07.1(5)).
The North Dakota guides
ClosingCode shows North Dakota's rules under the seller's disclosure, the radon statement and the HOA documents on each North Dakota deal.
Start free trialSources: North Dakota Century Code §§47-10-02.1, 47-10-02.2, 47-10-02.3 and 47-16-07.1 (ndlegis.gov, read for the linked guides).
General information, not legal advice. Each point links to the guide with the details. ClosingCode is software; it is not a law firm. This guide is not a substitute for the advice or services of an attorney.