Closing statements.

70-02-03-07. Closing statements. In every real estate sales transaction wherein the closing is handled by an attorney, bank, or similarly recognized individual or group other than a real estate broker, it shall be the responsibility of the broker involved to see the party or parties represented by the broker receive a complete, detailed closing statement showing all of the receipts and disbursements handled in such transaction. The 3 broker must retain true copies of such statements for the represented party or parties in the broker's files. History: Amended effective April 1, 2008; July 1, 2022. General Authority: NDCC 28-32-02, 43-23-08 Law Implemented: NDCC 43-23-11.1(1)(o)