Underwriting Manual: ND

19.44.18

Acquisition of Title by Trusts

  • No references available.
  • No references available.
  • No references available.
  • No references available.
State Supplements

View state supplements to the national underwriting manual.

V 1

In North Dakota, a conveyance to an express trust is not void or voidable solely because the grantee in the conveyance is a trust, rather than the trustee of the trust, if the identity of the trustee is reasonably ascertainable from the conveyance or from other information of public record, or from both.This standard does not apply to a business trust or a "Massachusetts Business Trust", also known as a common law trust, nor does it apply to a Real Estate Investment Trust which is properly created.