With over ninety-percent of the state covered by farms, North Dakota is considered the most rural of all of the states. Out of all of the residences in North Dakota, only around 15% are rented. North Dakota maintains a relatively even balance between landlord and tenant rights, with regards to the laws. At the beginning of all tenancies, the landlord must give to the renter a written account that details the condition of the rental unit.
At a Glance:
Late Fees: There are no maximums in regard to how much may be charged however, it must be stated in the lease.
Security Deposit: Security deposits may not be more than the amount equal to one month’s rent.
Returned Payment Fee Limit: The landlord may charge a fee of $40 for a payment that is not honored by the bank.
Notice to Enter: The landlord must give the tenant notification with date and time he needs to enter and tenant must consent.
Late Fee/Returned Check Fee:
Late Fee: There are no explicit limitations on how much a late fee may be, but it must be written into the lease for it to be imposed.
Returned Payment: If a bank returns the rental payment, the landlord may charge a fee of no more than $40.
Security Deposits:
North Dakota permits the landlord to accept a security deposit, no matter how labeled, more than an amount equal to one month’s rental payment. If pets are permitted, a pet security deposit may be assessed but not be more than $2,500 or an amount equal to 2 month’s rental payment unless the pet is a service animal or companion.
The security deposit must be kept in an interest-bearing savings or checking account. The interest shall be paid to the renter upon termination of the lease and move-out.