North Dakota Code 47-10-16 – Reconveyance when estate defeated by nonperformance of condition subsequent
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When a grant is made upon condition subsequent and subsequently is defeated by the nonperformance of the condition, the person otherwise entitled to hold under the grant must reconvey the property to the grantor or the grantor’s successors by grant duly acknowledged for record.
Terms Used In North Dakota Code 47-10-16
- Grantor: The person who establishes a trust and places property into it.
- Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
- Property: includes property, real and personal. See North Dakota Code 1-01-49