35-20-02. Vendor's lien waived by transfer of written contract for payment - Exception

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ND Code › Title 35 › Chapter 35-20 › Section 35-20-02

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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35-20-02. Vendor's lien waived by transfer of written contract for payment -

Exception.

When a buyer of real property gives to the seller a written contract for payment of all or part

of the price, an absolute transfer of the contract by the seller waives the seller's lien to the

extent of the sum payable under the contract, but a transfer of the contract in trust to pay debts

and return the surplus is not a waiver of the lien.

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