North Dakota legislation · 69th Legislative Assembly
North Dakota HB1401: AN ACT to amend and reenact section 40-11-04.2 of the North Dakota Century Code, relating to the transfer of real property by exclusive and nonexclusive listing agreements.
Status: Signed into law, April 2, 2025
Relating to the transfer of real property by exclusive and nonexclusive listing agreements.
What the bill says
An act to amend and reenact section 40-11-04.2 of the North Dakota Century Code, relating to the transfer of real property by exclusive and nonexclusive listing agreements.
From the enrolled text, March 25, 2025:
AN ACT to amend and reenact section 40-11-04.2 of the North Dakota Century Code, relating to the transfer of real property by exclusive and nonexclusive listing agreements. SECTION 1. AMENDMENT. Section 40-11-04.2 of the North Dakota Century Code is amended and reenacted as follows: 40-11-04.2. Transfer of real property by exclusive and nonexclusive listing agreements. 1. As an alternative to the procedure established under section 40-11-04.1, the governing body of a city may by resolution provide b. Provide a maximum rate of fee, compensation, or commission; and provide c. Provide that the city reserves the right to reject any and all offers determined to be insufficient. 2. After adoption of the resolution, and publication of the resolution on the city website for at least fourteen days, if the city maintains a website, the governing body of a city may engage licensed real estate brokers to attempt to sell the described property by way of nonexclusive listing agreements or by way of an exclusive listing agreement if the real estate broker is selected through a competitive process. 3. A proposal from a licensed real estate broker to enter an exclusive listing agreement with the governing body of a city must be based on b. Experience of the licensed real estate broker selling similar property; c. Marketing strategy the licensed real estate …
Sponsors
- Jonathan Warrey (R, 22) · primary sponsor
- Michelle Axtman (R, 7)
- Kyle Davison (R, 41)
- Donald Longmuir (R, 2)
- Alisa Mitskog (D, 25)
- Michael Motschenbacher (R, 47)
- Mary Schneider (D, 21)
- Greg Stemen (R, 27)
- Paul Thomas (R, 6)
Latest actions
- : Filed with Secretary Of State 03/31
- : Signed by Governor 03/27
- : Sent to Governor
- : Signed by Speaker
- : Signed by President
- : Returned to House
- : Second reading, passed, yeas 44 nays 0
- : Reported back, do pass, place on calendar 5 0 0
- : Committee Hearing 09:15
- : Introduced, first reading, referred Industry and Business Committee
Votes
- Final Passage (March 21, 2025): 44 yea, 0 nay, passed
- Final Passage (January 31, 2025): 89 yea, 0 nay, passed
Common questions
- What is HB1401?
- HB1401 is a bill in the North Dakota Legislature (69th Legislative Assembly): AN ACT to amend and reenact section 40-11-04.2 of the North Dakota Century Code, relating to the transfer of real property by exclusive and nonexclusive listing agreements.
- What does HB1401 do?
- In its own words: An act to amend and reenact section 40-11-04.2 of the North Dakota Century Code, relating to the transfer of real property by exclusive and nonexclusive listing agreements.
- What is the status of HB1401?
- Signed into law as of April 2, 2025. Latest action: Filed with Secretary Of State 03/31 (April 2, 2025).
- Who sponsored HB1401?
- Jonathan Warrey (R, 22), with 8 co-sponsors.
- Where is the official record for HB1401?
- On the North Dakota Legislature website: https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo1401.html
Source: official North Dakota record. Tracked by Delilah, AI for legislation across all 50 states and Congress.