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· 6/27/1995

Red River State Bank v. Reierson

Citations

  • 533 N.W.2d 683
  • 27 U.C.C. Rep. Serv. 2d (West) 44
  • 1995 N.D. LEXIS 120
  • 1995 WL 380887

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • holding bank’s failure to comply with statutory requirements for homestead exemption waiver rendered bank’s mortgage unenforceable
  • rejecting bank’s request for a presently enforceable equitable lien against the mortgaged homestead because it would render the statute requiring disclosure for effective waiver “meaningless in this case”
  • \The homestead exemption shall not operate . . . against any debt secured by the homestead when the exemption has been waived by written contract.\

Source: CourtListener parenthetical corpus (CC0).

Judges: Sandstrom, Vande Walle, Neumann, Levine, Meschke

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.