North Dakota Code 28-24-11 – Debtor entitled to rents during redemption period
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The debtor under an execution or foreclosure sale of the debtor’s property is entitled to the possession, rents, use, and benefit of the property sold from the date of the sale until the expiration of the period of redemption except as provided by section 32-19-19.
Terms Used In North Dakota Code 28-24-11
- 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
- Property: includes property, real and personal. See North Dakota Code 1-01-49