A party in a foreclosure action or the successor of a party may redeem from the foreclosure
sale within sixty days after the sale, except for abandoned property as provided in section
32-19-19 and agricultural land. Agricultural land may be redeemed within three hundred
sixty-five days after the filing of the summons and complaint in the office of the clerk of district
court or the time of the first publication of the notice by advertisement. The final date for
redemption of agricultural land may not be earlier than sixty days after the sheriff's sale. The
owner of the property has a paramount right to redeem upon paying the amount bid at the
sheriff's sale plus interest on that amount at the same rate as the obligation secured by the
mortgage. Persons holding subordinate liens on the property may redeem in the order of priority
as determined by the order of attachment to the property. This redemption has the effect of a
redemption as of the date of deposit, subject to the subsequent payment of any additional
amount, if any, determined to be due as of that date.
Notes of Decisions
Kulm Credit Union v. Harter, 157 N.W.2d 700 (N.D. 1968).
· cites it 2× “The right of redemption from a mortgage foreclosure sale is a statutory right provided by Section 32-19-18, N.D. C.C. It may be exercised by the persons described in Section 28-24-01, N.”
Nat'l Credit Union Share Ins. Fund v. Univ. Developers, 335 N.W.2d 559 (N.D. 1983).
· cites it 2× “, a mortgagee whose mortgage is subsequent to the foreclosed mortgage may redeem the property. When Jamestown foreclosed its mortgage on the Village Resubdivision, an action in which National’s predecessor-in-interest (Grand Forks) was made a party, National’s right to foreclose…”
Evans Fin. Corp. v. Plecity, 315 N.W.2d 279 (N.D. 1982).
· cites it 2× “The trial court held that the one-year redemption period provided in Section 32-19-18, N.D.C.C., would apply and Evans has not appealed that portion of the judgment.”
Farm Credit Bank of St. Paul v. Jelinek, 477 N.W.2d 243 (N.D. 1991).
· cites it 2× “, NDCC §§ 32-19-18 (right to redeem real property foreclosed by action); 32-31-02 (redemption rights in tax lien foreclosure); 35-01-16 (right to redeem property from lien); 35-22-20 (right to redeem upon real estate mortgage foreclosure by advertisement); 57-26-01 to 57-26-03…”
Great Plains Gasification Assocs. v. Comm'r, 92 T.C.M. 534 (Tax Ct. 2006).
· cites it 2× “21 In so doing, however, the Court of Appeals confirmed the nature of the redemption rights that North Dakota law would otherwise afford, stating: Were we to reverse the district court and look to North Dakota law for our rule of decision Great Plains would have the right to…”
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