North Dakota Conveyance and Assignment of Compensation Agreement, Plant Site Agreement, and Road Use Agreement
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How to fill out Conveyance And Assignment Of Compensation Agreement, Plant Site Agreement, And Road Use Agreement?
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FAQ
A North Dakota property owner may transfer or retitle real estate during the owner's life using a signed, written deed. A North Dakota deed must satisfy the legal requirements described below to be eligible for recording and to legally transfer title to the new owner.
After-acquired title. When a person purports by proper instrument to convey real property in fee simple and subsequently acquires any title or claim of title to the real property, the real property passes by operation of law to the person to whom the property was conveyed or that person's successor.
1. Eminent domain is the right to take private property for public use. 2. Private property may not be taken or damaged for public use without just compensation first having been made to or paid into court for the owner.
Contract for Deed. - After, a contract for deed has been signed by the parties, the vendor retains the legal title to the land until the vendee has fully performed the terms of the contract. However, the law regards the vendee, as the owner of the property for most purposes, since the vendee ordinarily gets the.
Under North Dakota's ?quick take? eminent domain law, the Flood Diversion Authority can take the land and start construction before the courts have resolved the landowners' right to just compensation.
?After-acquired Title? is a legal doctrine recognized in many jurisdictions which provides that, when a grantor purports to convey or mortgage property to which he is not vested, any title subsequently obtained by that grantor automatically passes to his grantee by operation of law.
Before a warranty deed can be recorded in North Dakota, it must be signed and acknowledged by the grantor, and must contain original signatures (47-19-03). If a warranty deed has not been acknowledged as required, it must be proved by a subscribing witness to entitle it to be recorded (47-10-05).