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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. 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.
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful.
Permitted within 5-15 days after
recovery (Check Uniform Commercial
Code for details).
Retaking bars suit for price and
vice-versa; under conditional sale
contract, no provisions. Confession
of judgment notes are invalid.
No provisions. 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. |