North DakotaHB 11252025 Regular SessionHouseWALLET

AN ACT to amend and reenact sections 43-23-06.1, 43-23-08, 43-23-13.1, and 43-23-24 of the North Dakota Century Code, relating to real estate licensing.

Sponsored By: Scott Louser (Republican)

Became Law

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 1 costs, 1 mixed.

New disclosure rules for home wholesalers

The law covers residential property with fewer than five units. A wholesaler must tell all parties in writing that they hold an equitable interest, may not be able to convey title, and plan to profit from transferring that interest. If a wholesaler does not disclose, the seller may cancel the sale before close of escrow without penalty and keep any earnest money the wholesaler paid. The buyer may also cancel before close of escrow without penalty and must get back all earnest money the buyer paid.

Stricter licensing and renewal for agents

To get a license, you must be at least 18, have a good reputation, be competent, and not have had a license revoked in the last two years. Salesperson applicants need 90 hours of approved classes. You may take the salesperson exam early, but you will not get the license until classes are done. Broker applicants need those 90 hours plus 60 more and usually two years as an active salesperson or equivalent; broker education must be finished before taking the broker exam. The commission may waive experience if jobs as a salesperson were not available, but not the education, except for closely related coursework under its rules. Licensees must renew on the commission’s schedule (at least yearly), pay fees, and certify required education. Late renewal is allowed with monthly late fees before the commission’s late date; after that, the license is canceled and you cannot practice until relicensed.

Clearer dual agency and broker sharing

Dual agency exists only when both the buyer and the seller have written agency agreements with the same brokerage; subagency does not count. The law removes oil, gas, and mineral interests from the legal meaning of real estate. A North Dakota broker may share a commission with an out‑of‑state broker only if that out‑of‑state broker does not negotiate in North Dakota, including by phone or email.

Sponsors & Cosponsors

Sponsor

  • Scott Louser

    Republican • House

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 139 • No: 0

Senate vote 3/28/2025

Second reading, passed, yeas 46 nays 0

Yes: 46 • No: 0

House vote 2/3/2025

Second reading, passed, yeas 93 nays 0

Yes: 93 • No: 0

Actions Timeline

  1. Filed with Secretary Of State 04/08

    4/9/2025House
  2. Signed by Governor 04/07

    4/8/2025House
  3. Sent to Governor

    4/4/2025House
  4. Signed by Speaker

    4/4/2025House
  5. Signed by President

    4/2/2025Senate
  6. Returned to House

    3/31/2025House
  7. Second reading, passed, yeas 46 nays 0

    3/28/2025Senate
  8. Reported back, do pass, place on calendar 5 0 0

    3/26/2025Senate
  9. Committee Hearing 09:30

    3/24/2025Senate
  10. Introduced, first reading, referred Industry and Business Committee

    2/13/2025Senate
  11. Received from House

    2/4/2025Senate
  12. Second reading, passed, yeas 93 nays 0

    2/3/2025House
  13. Amendment adopted, placed on calendar

    1/30/2025House
  14. Reported back amended, do pass, amendment placed on calendar 14 0 0

    1/29/2025House
  15. Committee Hearing 09:00

    1/13/2025House
  16. Introduced, first reading, referred Industry, Business and Labor Committee

    1/7/2025House

Bill Text

  • Adopted by the House Industry, Business and Labor Committee

  • Enrollment

  • FIRST ENGROSSMENT

  • INTRODUCED

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