North Dakota Century Code Title 47. Property § 47-19.1-11. Exceptions

a. The rights of any lessor or lessor's successor as reversionary of the lessor's right to possession on the expiration of any lease by reason of failure to file the notice herein required.

b. The rights of any remainderman upon the expiration of any life estate or trust created before the recording of a deed of conveyance as set out in section 47-19.1-01.

c. Rights founded upon any mortgage, trust deed, or contract for sale of lands which is not barred by the statute of limitations.

d. A mere possibility not coupled with an interest nor a mere right of re-entry or repossession for breach of a condition subsequent created by a conveyance of record less than forty years.