North Dakota Foreclosure Laws
TYPES OF FORECLOSURE:
A judicial foreclosure is the only remedy for a lender in the state of North Dakota.
Deficiency: A deficiency is possible in this state
Redemption: The borrower may redeem for a period of between six months and one year, depending on the original loan documents.
Oddities of the state: A junior lien holder may also redeem the property during this same six to twelve month period.