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North Dakota Repo Laws - Repossession Laws

 

 

Because the Repo Laws - Repossession Laws may change from time to time, please check the North Dakota Courts website for updated and complete Repo Laws - Repossession Laws in North Dakota.

 


 

Repo Laws - Repossession Laws in North Dakota:

 

Where do I refer to for Title or License Registration?

For state Title and License Information, refer to:

 

North Dakota Motor Vehicle Department

608 East Boulevard Avenue

Bismarck, North Dakota 58505

 

Telephone: (701) 328-2725

 

Fee for search of records is $3.00.

Security Interests:

Shown on title held by lienholder.

 

Recording Requirements:

Per the Uniform Commercial Code (UCC) adopted in July, 1966: Filed in the office of the Registrar of Deeds in the county where property is situated. All liens must appear on title.

Recovery Requirements:

As per the UCC, repossession is allowed and permitted as long as it is peaceful.

Redemption Requirements:

Permitted within 5-15 days after recovery (Check Uniform Commercial Code for details).

Deficiency Requirements:

Retaking bars suit for price and vice-versa; under conditional sale contract, no provisions. Confession of judgment notes are invalid.

Special Motor Vehicle Provisions:

No provisions.

Documents Required to Transfer Ownership of Motor Vehicle:

Affidavit of repossession on approved form, certificate of title signed off and notarized Bill of Sale.

 

Documents Required for Liquidation:

Title, Repossession Affidavit.

 

Plates:

Remain with the owner / debtor, and are transferable (for a fee).

 

All recovery requirements and fees are current as of 2002.

 


 

Repo-Laws.com does not warrant the accuracy of these Repo Laws - Repossession Laws or recovery requirements. The Repo Laws - Repossession Laws or recovery requirements listed on Repo-Laws.com are only a starting point for reference, and are not meant to be legal advice or a replacement for legal console. Please consult a repo company in your area, county, or state if you have any questions about repossession there.

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