North Dakota Real Estate Practice Exam

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

Get ready for the North Dakota Real Estate Exam. Prepare with flashcards, multiple choice questions, and expert-curated content to ensure your success. Improve your knowledge and tackle the exam with confidence!

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.

How many days after the annual anniversary date must a subdivider file a report?

15 days
30 days
45 days
60 days

The correct answer is: 30 days

In North Dakota, a subdivider is required to file an annual report within a specific timeframe following the annual anniversary date of the subdivision filing. The correct requirement is that this report must be filed within 30 days after the anniversary date. This regulation is in place to ensure that subdividers remain compliant with state regulations and provide the necessary accountability regarding the subdivision activities. Filing within this timeline is essential as it allows regulatory bodies to monitor and ensure that subdividers are adhering to the standards and requirements set forth by the state. The 30-day requirement establishes a clear expectation for subdividers and helps maintain organized records, which is crucial for both regulatory compliance and consumer protection in real estate transactions. Understanding these timeframes is vital for any subdivider operating in North Dakota, as failure to file the report within the 30-day window can lead to potential legal issues, penalties, or even loss of the ability to develop or sell the subdivision.