North Dakota Real Estate Practice Exam 2026 – Comprehensive All-in-One Guide for Exam Success!

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.