North Dakota Code > Chapter 55-04 – Acquiring Lands for Public Parks
Current as of: 2023 | Check for updates
|
Other versions
§ 55-04-01 | Authority of state or county to acquire title to lands for park purposes |
§ 55-04-02 | Appraisal of lands – Price may not exceed appraised value |
§ 55-04-03 | Mineral rights to be reserved |
Terms Used In North Dakota Code > Chapter 55-04 - Acquiring Lands for Public Parks
- Appraisal: A determination of property value.
- Contract: A legal written agreement that becomes binding when signed.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49