nd.gov - The Official Portal for North Dakota State Government
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FAQ Articles

I received a Statement of Real Estate Full Consideration to be completed and returned to the State Board of Equalization. How is the information on the form used?

Before a deed transferring real property can be recorded, a statement of the full consideration, or sale price, must be on the face of the deed.  If the document to be recorded does not contain the sale price, a statement of full consideration is required to be filled with the county recorder or the State Board of Equalization.  The sale information is gathered and used to measure the accuracy and equity of the assessors' estimates of true and full value.  The State Board also uses the sales information to assist in equalizing assessments across the state.

nd.gov - The Official Portal for North Dakota State Government
North Dakota: Legendary. Follow the trail of legends

Ryan Rauschenberger
Tax Commissioner
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FAQ Articles

I received a Statement of Real Estate Full Consideration to be completed and returned to the State Board of Equalization. How is the information on the form used?

Before a deed transferring real property can be recorded, a statement of the full consideration, or sale price, must be on the face of the deed.  If the document to be recorded does not contain the sale price, a statement of full consideration is required to be filled with the county recorder or the State Board of Equalization.  The sale information is gathered and used to measure the accuracy and equity of the assessors' estimates of true and full value.  The State Board also uses the sales information to assist in equalizing assessments across the state.

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