County News

NEW COUNTY RECORDER FULL CONSIDERATION STATEMENTS

NDCC 11-18-02.2 STATEMENTS OF CONSIDERATION

EFFECTIVE AUGUST 1, 2017

Only 1 of 2 statements of consideration will be accepted on a Deed or Affidavit of Affixation:

A statement of full consideration paid for the property conveyed.

A statement designating one of the exemptions in subsection 6 which the grantee believes

applies to the transaction. **Please note-currently these are listed under subsection 7 and

will now be subsection 6. Please change your certification statement accordingly.

Full Consideration Statement

Listed below are four statements required by North Dakota Century Code 11-18-02.2. Pick the

appropriate statement and type it on your deed.

1.   I certify that the full consideration paid for the property described in this deed is

$________________.

Signed: ___________________ Date: ____________

Grantee or Agent

2.   I certify that the requirement for a report or statement of full consideration paid does not

apply because this deed is for one of the transactions exempted by subdivision _____ of

N.D.C.C. 11-18-02.2(6)

Signed ____________________ Date: ____________

Grantee or Agent

If you choose number four you will have to pick one of the following and put the letter in the

blank.

A. Property owned or used by public utilities.

B. Property classified as personal property.

C. A sale when the grantor and the grantee are of the same family or corporate affiliate, if

known.

D. A sale which resulted as a settlement of an estate.

E. All forced sales, mortgage foreclosures, and tax sales.

F. All sales to or from religious, charitable, or nonprofit organizations.

G. All sales when there is an indicated change of use by the new owners.

H. All transfer of ownership of property for which is given a quitclaim deed.

I. Sales of property not assessable by law.

J. Agricultural lands of less than eighty acres (32.37 hectares).

K. A transfer that is pursuant to a judgment.

L. A transfer on death deed or revocation instrument authorized under chapter 30.1 -32.1