Unless otherwise stated in the encumbrance, the encumbrance expires two years from the date of issuance if the activity or construction is not fully completed. An encumbrance automatically terminates without notice at the end of its term or for failure to complete an activity or construction. Prior to the expiration of the encumbrance, the holder may apply for an amendment or extension in accordance with this chapter.
N.D. Admin Code 85-04-04-06
General Authority: NDCC 28-32-02
Law Implemented: NDCC 15-01-02, 15-02-05, 15-05-01