North Dakota Code 28-23-11 – Purchaser’s right – Sheriff’s certificate
1. The purchaser of real property under execution is substituted for the judgment debtor and acquires all the right, title, interest, and claim of the debtor to the property. If the estate is a leasehold less than two years’ unexpired term, the sale is absolute. Otherwise, the real property is subject to redemption under this title. The officer shall give to the purchaser a certificate of sale containing:
Terms Used In North Dakota Code 28-23-11
- Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Plaintiff: The person who files the complaint in a civil lawsuit.
- Property: includes property, real and personal. See North Dakota Code 1-01-49
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
a. A particular description of the real property sold; b. A statement of the price bid for each distinct lot or parcel; c. A statement of the whole price paid; d. If subject to redemption, a statement to that effect, including the applicable redemption period; and
e. The name of each plaintiff and defendant named in the foreclosure action or served in the foreclosure by the advertisement.
2. The officer shall execute the certificate and acknowledge or prove the certificate as required for deeds of real property.