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NDLast updated: 2026-01
North Dakota Regulations
Comprehensive guide to seller financing laws, usury limits, and disclosure requirements in North Dakota.
Maximum Interest Rate
None
Business exemptions may apply
Usury Laws
Interest rate limits and penalties
Maximum Rate
No Limit
Penalty Type
No specific penalty
Notes
North Dakota has no general usury limit. Rate determined by contract.
Business Exemption
No usury limit for most loans.
Seller Financing Requirements
Disclosures, licensing, and restrictions
Required Disclosures
- Seller's Property Disclosure
- Lead-based paint disclosure (pre-1978)
Licensing Required
No license required
No license required for seller financing own property.
Consumer Protection
Applicable laws protecting buyers
- North Dakota Consumer Fraud Act
Real Estate Specifics
Foreclosure process and property laws
- Mortgage state (judicial foreclosure)
- 60-day redemption period (1 year for agricultural)
- Deficiency judgments allowed
Legal Disclaimer
This information about North Dakota regulations is provided for educational purposes only and does not constitute legal or tax advice. Laws change frequently and vary by county and municipality. Always verify current regulations with a licensed North Dakota attorney before entering into any seller financing arrangement.