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A North Dakota small estate affidavit is a form allows an heir, successor or beneficiary to petition for assets from a deceased individual’s estate. Using this form bypasses the North Dakota probate court and only applies to estates that involve no real property. Upon presentation of this document, the individual or entity holding the asset…

A North Dakota unsecured promissory note is a signed legal document stating that one party (“borrower”) will repay another party (“lender”) under the terms and conditions outlined in the agreement. Because this document is “unsecured,” the borrower is not required to set aside a material possession in the case of a default. Because this adds a…

A North Dakota secured promissory note requires both the lender and borrower in a money-lending transaction to agree on the terms and conditions of the loan, such as penalties for missing payments, how payments will be made, interest rates, and other important points. In addition, the borrower will need to select an item to be used…

A North Dakota last will and testament is a legal document, created by a testator (individual to whom the will belongs), that details instructions regarding the distribution of their financial accounts, real and personal property, cash-on-hand, life insurance policies, as well as any other assets/property upon their death. A testator’s property can be transferred upon…

A North Dakota deed is a legal document used to transfer real property in North Dakota. Deeds include the names of the grantor (the person selling the property) and the grantee (the person buying the property), the consideration paid for the property and the legal description of the property. Deeds are recorded with the County…

The North Dakota living trust is a legal instrument used to bypass the probate process when distributing a person’s estate. The individual looking organize their assets in a separate entity (the Grantor) will need to draft a living trust document in which they list all of their assets, who the desired successors are, and detail how their estate…

A North Dakota transfer on death deed allows an owner of real property to set up an automatic transfer of their property upon their death to the designated beneficiary. It is highly recommended as it allows the beneficiary to skip the probate process, which can be drawn out and costly. Laws: Chapter 30.1-32.1 – Uniform Real Property…

A North Dakota special warranty deed is similar to a general warranty deed because it guarantees title in the conveyance of real estate. However, with a special warranty deed, the title is guaranteed only as to any claims that arise out of the grantor’s ownership of the property. In other words, the grantor is guaranteeing…

A North Dakota general warranty deed is a deed used to transfer property from one person to another in North Dakota. The person selling is called the grantor while the person buying is called the grantee. A warranty deed comes with a promise from the grantor that the title to the property is free and…

A North Dakota quit claim deed is a form used to legally transfer an interest in real estate from one person to another. This type of deed, unlike a warranty deed, does not come with a guarantee as to title. That is, the language of this document only states grantor (or seller) is selling whatever…