North Dakota Code 32-18-01 – Instruments for future conveyance – Cancellation – Owner must give written notice to vendee or purchaser
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No owner of real estate, or owner of any equity therein, who shall make or execute a contract for deed, bond for deed, or other instrument for the future conveyance of any such real estate or equity therein, shall have the right to declare a cancellation, termination, or forfeiture thereof or thereunder, except upon written notice to the vendee or purchaser, or the vendee’s or purchaser’s assigns, as provided in this chapter, and such notice shall be given to such vendee or purchaser or such vendee’s or purchaser’s assigns, notwithstanding any provision or condition in any such instrument to the contrary.
Terms Used In North Dakota Code 32-18-01
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- written: include "typewriting" and "typewritten" and "printing" and "printed" except in the case of signatures and when the words are used by way of contrast to typewriting and printing. See North Dakota Code 1-01-37