When a party entitled to a share of the property, or an encumbrancer entitled to have that encumbrancer’s lien paid out of the sale, becomes a purchaser, the referees may take their receipt for so much of the proceeds of the sale as belongs to them.

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Terms Used In North Dakota Code 32-16-35

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Property: includes property, real and personal. See North Dakota Code 1-01-49