North Dakota Interstate Real Estate Guide
Out of State Licensee (OSL) Participation in deals:  
Cooperative State

North Dakota Out of State Broker Cooperation

- An out-of-state licensee can enter state, perform licensed services (except for listing of properties without North Dakota license and negotiating a transaction while in the state), and receive a commission split from North Dakota licensee so long as the out-of-state licensee's state affords a similar opportunity to North Dakota licensees.
North Dakota Real Estate License Types
North Dakota ​Real Estate Exam Providers
North Dakota Real Estate Waivers
Real Estate Salesperson
​Real Estate Broker
PSI ​/AMP
None

North Dakota Real Estate Reciprocity

Georgia, Iowa, Minnesota
​
Otherwise: Any State (Non Resident)*
​* Must pass the State portion of the North Dakota Real Estate Exam.
Confirmed by the North Dakota Guidelines for Reciprocity

Specific to North Dakota Real Estate 

- Broker must have an office in their own State.
​- Broker must maintain a Real Estate Trust Account in their own State.
- Mandatory E&O (see RISC) 
​https://www.risceo.com/states/north-dakota/

North Dakota Reverse Reciprocity

​These states specifically mention North Dakota in their Reciprocity: 
Iowa, Minnesota, Montana, Oklahoma

These States recognize any other State licenses but may have additional requirements: 
​Alaska, Alabama, Colorado, Georgia, Idaho, Indiana, Kansas, Kentucky, Maine, Nebraska, North Carolina, Rhode Island, South Dakota, Tennessee, Vermont, Washington

North Dakota Real Estate Customs

Lenders, together with attorneys, conduct closings.
Conveyance is by warranty deed. Mortgages are the security instruments.
Foreclosures require about 6 months, including the redemption period.
North Dakota bases their title insurance on abstracts and attorneys’ opinions.
Buyers usually pay for the closing, the attorney’s opinion, and the title insurance; sellers pay for the abstract.
There are no documentary or transfer taxes.