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North Dakota Legislative Bills

3 legislative bills tracked for real estate wholesalers & investors

High Risk

Last synced: 4h ago

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SB2136Passed Low Risk

Wholesaler and brewer relations.

Summary

  • The bill SB2136 addresses the relationship between wholesalers and brewers, likely establishing guidelines or regulations for their interactions
  • However, the specifics of the bill are not detailed in the available information

What This Means for Wholesalers

  • Since the bill pertains to wholesalers in the context of brewing rather than real estate, it does not directly affect real estate wholesalers
  • Therefore, real estate wholesalers can continue their operations without any changes stemming from this legislation
other
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HB 1125Enacted High Risk

Wholesale Law Expansion

Summary

  • Removes restriction limiting wholesale law to residential properties only
  • All real estate wholesale transactions now subject to state requirements
  • Expands disclosure and compliance requirements to commercial property

What This Means for Wholesalers

  • All real estate wholesale transactions now subject to state requirements
  • Expands disclosure and compliance requirements to commercial property
disclosure required
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HB 1345Enacted Low Risk

Investor Property Standards

Summary

  • Establishes maintenance standards for investor-owned rental properties
  • Requires annual safety inspections in cities over 25,000 population
  • Creates penalty structure for non-compliant properties

What This Means for Wholesalers

  • Requires annual safety inspections in cities over 25,000 population
  • Creates penalty structure for non-compliant properties
other
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Frequently Asked Questions — North Dakota Real Estate Law

Common questions about wholesaling regulations and investor requirements in North Dakota.

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House Bill 1125, enacted on August 1, 2025, expanded North Dakota real estate wholesaling laws by removing the previous restriction limiting wholesale transactions to residential properties only. Now, all wholesale deals—including commercial properties—must comply with state requirements, including enhanced disclosure and compliance obligations.

Prior to HB 1125, wholesale laws applied solely to residential real estate. With this bill, wholesale transactions involving commercial properties are now subject to the same state laws, meaning wholesalers must adhere to expanded disclosure standards and ensure full compliance when dealing with commercial real estate in North Dakota.

Enacted on August 1, 2023, House Bill 1345 introduced maintenance standards specifically for investor-owned rental properties. This legislation mandates annual safety inspections for rental properties located in cities with populations over 25,000 and sets forth penalties for landlords or investors who fail to meet these standards.

Real estate investors must ensure their rental properties meet the safety and maintenance criteria outlined in HB 1345. Non-compliance can result in penalties, so investors should prioritize regular inspections and upkeep, particularly in larger cities, to remain compliant and protect their investments.

Yes. Under the expanded wholesale laws (HB 1125), all wholesale transactions—whether residential or commercial—must meet state regulatory requirements. This includes proper disclosure of wholesale status and adherence to any procedural rules designed to protect buyers and sellers in the state.

According to HB 1345, annual safety inspections are mandatory for investor-owned rental properties located in cities with populations exceeding 25,000 residents. Investors should verify city populations and ensure they schedule inspections annually to remain compliant.

Investors should keep abreast of legislative changes such as HB 1125 and HB 1345 by consulting legal experts or real estate professionals. Maintaining thorough property inspections, proper documentation, and transparent transaction disclosures will help comply with North Dakota’s evolving real estate investing regulations.

Yes. With the expansion of wholesale laws, contract language must reflect the disclosures and compliance requirements mandated by the state, ensuring transparency in wholesale deals. Properly structured contracts can help minimize legal risks for wholesalers and investors alike.

Yes. HB 1345 outlines a penalty structure for investor-owned properties that fail to meet maintenance and safety standards. Similarly, failure to comply with wholesale transaction laws can result in legal consequences. Staying informed and compliant is essential to avoiding fines or other penalties.

For the most accurate and up-to-date information, investors and wholesalers should consult official North Dakota legislative resources or seek advice from licensed real estate attorneys familiar with the state's real estate laws. This FAQ is optimized for topics including "North Dakota real estate wholesaling laws," "real estate investing in North Dakota," and "North Dakota real estate legislation."

Not legal advice. Consult a licensed real estate attorney in North Dakota for guidance on compliance.

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Data sourced from state legislatures via LegiScan. Not legal advice. Always consult a licensed real estate attorney in your jurisdiction.