11-27 Transfer of County Property - North Dakota Statutes

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CHAPTER 11-27TRANSFER OF COUNTY PROPERTY11-27-01. Board of county commissioners authorized to sell property - Private andpublic sale. The board of county commissioners of any county may dispose of any property,
either real or personal, which the county has acquired through purchase, forfeiture, or operation
of law other than through tax sale proceedings, under this chapter. When the property to be
disposed of is estimated by the board to be of a value of less than one thousand dollars, it may
be sold at private sale upon the proper resolution of the board. In all other cases, the property
may be sold only at public sale or as provided under section 11-27-03.1.11-27-02. Notice of sale when property sold at public sale. Upon the resolution ofthe board of county commissioners authorizing the sale of county property at public sale, the
county auditor shall cause to be published in the official county newspaper once each week for
three consecutive weeks a notice containing a description of the property to be sold and
designating the place where and the day and hour when the sale will be held. The notice shall
specify whether the bids are to be received at auction or as sealed bids as determined by the
board.11-27-03. Where sale held - Sale to highest bidder. The sale of county property atpublic sale shall be held at the office of the county auditor and shall be conducted by the auditor.
The property advertised shall be sold to the highest bidder if the highest bid is deemed sufficient
by a majority of the members of the board of county commissioners.11-27-03.1. Transfer of real property by nonexclusive listing agreements. As analternative to public sale under section 11-27-01, the board of county commissioners may by
resolution describe the real property of the county which is to be sold; provide a maximum rate of
fee, compensation, or commission; and provide that the county reserves the right to reject any
and all offers determined to be insufficient. After adoption of the resolution, the board of county
commissioners may engage licensed real estate brokers to attempt to sell the described property
by way of nonexclusive listing agreements.11-27-04. Reservation of mineral rights. Repealed by S.L. 1951, ch. 112,