North Dakota wholesaling law · checked October 21, 2026
The short answer — North Dakota
Yes — with a written disclosure to everyone at the table. And note the scope: since August 2025, North Dakota's rule covers all real property, not just houses. It is the broadest disclosure law in the country.
Rule: N.D.C.C. § 43-23-24 (HB 1190, 2023; expanded by HB 1125, 2025) · In force: 2023; expanded to all real property August 1, 2025 · Penalty if ignored: If a party was not told, they may cancel before close of escrow; the seller keeps earnest money and the buyer is repaid in full.
Checked October 21, 2026 against the official source: www.legis.nd.gov. Information only — not legal advice.
North Dakota requires a wholesaler to disclose in writing to all parties: that it holds only an equitable interest, that it may not be able to convey title, and that it intends to profit from the transfer. A 2025 act (HB 1125) expanded the statute from residential property under 5 units to all real property — land and commercial included, unlike almost every other state.
No. North Dakota asks for written disclosure, not a license. Yes — with a written disclosure to everyone at the table. And note the scope: since August 2025, North Dakota's rule covers all real property, not just houses. It is the broadest disclosure law in the country.
Scope: All real property since August 1, 2025. Cancellation: Cancel before close of escrow if not told. Source: official text / regulator page.
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