N.D. Cent. Code § 47-38-01

Current through 2023 Legislative Sessions

Section 47-38-01 - Definitions

As used in this chapter:

1. "Recording" means the act of presenting a patent, deed, mortgage, bill of sale, security agreement, judgment, decree, lien, certificate of sale, or other instrument required to be filed or admitted to record, to the county recorder of the county in which the property is situated, for the purposes of placing the document in the proper books or other storage media as described in section 11-18-01.

2. "Residential real estate" means real property located in this state which is used primarily for personal, family, or household purposes and which is improved by one to four dwelling units.

3. "Service agreement" means a contract under which a person agrees to provide services in connection with the maintenance, purchase, or sale of residential real estate.

4. "Service provider" means a person that enters a service agreement with a person that has an interest in residential real estate.

N.D.C.C. § 47-38-01

Added by S.L. 2023 , ch. 404( HB 1188 ), § 1, eff. 8/1/2023.