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The North Dakota Deed form serves as a crucial document in real estate transactions, facilitating the transfer of property ownership from one party to another. This form includes essential information such as the names of the grantor and grantee, a legal description of the property, and the consideration or payment involved in the transaction. It is important to ensure that the deed is properly executed and notarized to validate the transfer. Additionally, the North Dakota Deed form may vary depending on the type of deed being used, such as a warranty deed, quitclaim deed, or special warranty deed, each serving different purposes and offering varying levels of protection to the parties involved. Understanding these nuances can help individuals navigate the complexities of property transfers in North Dakota effectively.
Sample - North Dakota Deed Form
North Dakota Warranty Deed
This document serves as a template for a Warranty Deed in the state of North Dakota, in accordance with the North Dakota Century Code. It is designed to convey real property from the grantor (seller) to the grantee (buyer) with warranties that guarantee the property's title against any claims.
Preparation Information
Prepared by: _________________________
Date: _________________________
Grantor Information
Name(s): _________________________________________________
Address: _________________________________________________
City, State, Zip: _________________________________________
Grantee Information
Name(s): _________________________________________________
Address: _________________________________________________
City, State, Zip: _________________________________________
Property Information
Legal Description of Property: _____________________________
Property Address: _________________________________________
County: _________________________________________________
Consideration
The total amount of consideration paid for the property is $______________.
Conveyance and Warranty
The Grantor(s) hereby conveys and warrants to the Grantee(s) all right, title, and interest in the described real property and covenants with the Grantee(s) that at the time of the conveyance, the Grantor(s) is/are lawfully seized in fee simple of the aforedescribed property, that it is free from all encumbrances (except as specifically noted herein), and that the Grantor(s) will forever warrant and defend the same to the Grantee(s) against the lawful claims of all persons whomsoever.
Encumbrances
List any known encumbrances here: _________________________________
Execution
The parties have executed this deed on the date written below.
Grantor's Signature: _______________________ Date: _________
Grantee's Signature: _______________________ Date: _________
Notarization
This document was acknowledged before me on (date) __________ by (name(s) of individual(s)) _________________.
Notary Public: _________________________________
Commission expires: _________________________
Recording
After execution, this deed should be recorded at the local county recorder's office to ensure the change of ownership is documented in the public record.
PDF Overview
| Fact Name | Description |
|---|---|
| Governing Law | The North Dakota Deed form is governed by North Dakota Century Code, Chapter 47-19. |
| Types of Deeds | In North Dakota, common types of deeds include warranty deeds, quitclaim deeds, and special warranty deeds. |
| Grantor and Grantee | The deed must clearly identify the grantor (the person transferring the property) and the grantee (the person receiving the property). |
| Property Description | A legal description of the property must be included, detailing the exact location and boundaries of the property. |
| Execution Requirements | The deed must be signed by the grantor. In some cases, notarization may also be required to ensure its validity. |
| Recording | To provide public notice of the property transfer, the deed should be recorded with the county recorder's office. |
| Consideration | The deed should state the consideration, which refers to the value exchanged for the property, although this is not always mandatory. |
| Transfer Tax | North Dakota may impose a transfer tax on the conveyance of real estate, which is typically based on the sale price of the property. |
| Legal Assistance | While individuals can fill out a deed form independently, seeking legal assistance can help ensure compliance with all legal requirements. |
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