Bill > SB2235

This bill amends Section 47-16-20 of the North Dakota Century Code to clarify the timing of rent payments and establish a priority for how partial rental payments are applied. The bill maintains existing rules about when different types of rent are due: agricultural and wild land rents are payable yearly at year-end, lodging rents are payable monthly at month-end, and other rents are payable quarterly at quarter-end. The bill also introduces a new provision specifying that when a lessee makes a partial rental payment for a lodging, that payment must first be applied to the outstanding rental amount due, unless the lessee specifically directs otherwise at the time of payment. This change provides clarity about how rental payments should be processed when they do not fully cover the amount owed, potentially helping to prevent misunderstandings between landlords and tenants about how partial payments are handled.

Business and Industry

https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo2235.html