AN ACT to amend and reenact subsection 6 of section 11-18-02.2 of the North Dakota Century Code, relating to statements of full consideration.
SB 2152 amends North Dakota law to clarify which property transactions do not require a "statement of full consideration" when transferring deeds. It specifically rewords exemptions to exclude transactions involving public utility property, family or corporate affiliate sales, estate settlements, foreclosures, nonprofit organizations, changes in property use, quitclaim deeds, non-assessable property, and agricultural land under 80 acres. This change affects property transactions governed by the North Dakota Century Code section 11-18-02.2.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2025
Committee Review
Mar 2025
Senate Passage
Jan 2025
House Passage
Mar 2025
Signed into Law
Mar 2025
Introduced Jan 7, 2025
Signed Mar 18, 2025
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What changed between versions
INTRODUCED
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Enrollment
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8 edits
MODERATE
This bill amends North Dakota law regarding statements of full consideration required on deeds, specifically adding exemptions for certain property types and transactions. The changes clarify when the full consideration statement requirement does not apply, making the process simpler for specific scenarios like sales between family members, religious organizations, and agricultural lands under 80 acres.
Scope change
The bill expands the scope of exemptions from the full consideration statement requirement to include additional property types and transaction scenarios not previously explicitly listed.
ELIGIBILITY
Added exemptions for sales between family members or corporate affiliates when the relationship is known
Added exemptions for sales resulting from estate settlements
Added exemptions for all forced sales, mortgage foreclosures, and tax sales
Added exemptions for sales involving religious, charitable, or nonprofit organizations
Added exemptions for sales with indicated change of use by new owners
Added exemptions for quitclaim deed transfers
Added exemptions for property not assessable by law
Added exemptions for agricultural lands under 80 acres (32.37 hectares)
Floor votes · Senate Jan 28, 2025 · House Mar 11, 2025
How they voted
45–2
Passed
Total votes 47
Jan 28, 2025
D
Democratic5
100% Yea
R
Republican42
95% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
15
Key actions
7
Committee
4
Mar 20, 2025
Introduced
Filed with Secretary Of State 03/18
legislature
Mar 18, 2025
Signed into law
Signed by Governor 03/18
upper
Mar 11, 2025
Lower · Passed
Second reading, passed, yeas 75 nays 16
lower
Mar 7, 2025
Lower · Passed
Reported back, do pass, place on calendar 10 3 1
lower
Mar 7, 2025
Lower · Passed
Committee Hearing 09:15
lower
Feb 18, 2025
Introduced
Introduced, first reading, referred Agriculture Committee
lower
Jan 28, 2025
Upper · Passed
Second reading, passed, yeas 45 nays 2
upper
Jan 27, 2025
Upper · Passed
Reported back, do pass, place on calendar 6 0 0
upper
Jan 23, 2025
Upper · Passed
Committee Hearing 09:30
upper
Jan 7, 2025
Introduced
Introduced, first reading, referred Agriculture and Veterans Affairs Committee
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Dean Rummel
RRepublican
Co
Claire Cory
RRepublican
Co
Steve Vetter
RRepublican
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