North Dakota Real Estate Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the North Dakota Real Estate Exam with our interactive quiz. Utilize multiple choice questions and detailed explanations to enhance your comprehension. Equip yourself for success in your upcoming exam!

Start Multiple Choice Practice Test
Start Flash Cards

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Which act governs the registration of subdivided lands in North Dakota?

  1. Land Disposition Act

  2. Subdivision Control Act

  3. 43-23.1 Subdivided Lands Disposition Act

  4. Real Estate Registration Act

The correct answer is: 43-23.1 Subdivided Lands Disposition Act

The correct choice is the 43-23.1 Subdivided Lands Disposition Act, as it specifically addresses the registration and regulation of subdivided land within North Dakota. This act establishes the guidelines for developers and real estate entities intending to sell or lease subdivided lands, ensuring that they meet certain requirements aimed at protecting consumers and maintaining proper records. Part of the reason this act is significant is that it mandates disclosures to potential buyers about the land being sold, which helps to ensure transparency in the real estate market. By focusing on subdivided lands, the act plays a critical role in regulating how these properties are marketed and sold, ultimately supporting a fair and informed buying process. Other options, while they may touch on aspects of land use or development, do not specifically delineate the governance of subdivided land registration like the 43-23.1 Subdivided Lands Disposition Act does. This unique focus makes the 43-23.1 act essential for understanding the legal framework for subdivided properties in North Dakota.

More Questions Like This