11-27 Transfer of County Property
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<![CDATA[CHAPTER 11-27TRANSFER OF COUNTY PROPERTY11-27-01. Board of county commissioners authorized to sell property - Private andpublic sale. The board of county commissioners of any county may dispose of any property,<br>either real or personal, which the county has acquired through purchase, forfeiture, or operation<br>of law other than through tax sale proceedings, under this chapter. When the property to be<br>disposed of is estimated by the board to be of a value of less than one thousand dollars, it may<br>be sold at private sale upon the proper resolution of the board. In all other cases, the property<br>may be sold only at public sale or as provided under section 11-27-03.1.11-27-02. Notice of sale when property sold at public sale. Upon the resolution ofthe board of county commissioners authorizing the sale of county property at public sale, the<br>county auditor shall cause to be published in the official county newspaper once each week for<br>three consecutive weeks a notice containing a description of the property to be sold and<br>designating the place where and the day and hour when the sale will be held. The notice shall<br>specify whether the bids are to be received at auction or as sealed bids as determined by the<br>board.11-27-03. Where sale held - Sale to highest bidder. The sale of county property atpublic sale shall be held at the office of the county auditor and shall be conducted by the auditor.<br>The property advertised shall be sold to the highest bidder if the highest bid is deemed sufficient<br>by a majority of the members of the board of county commissioners.11-27-03.1. Transfer of real property by nonexclusive listing agreements. As analternative to public sale under section 11-27-01, the board of county commissioners may by<br>resolution describe the real property of the county which is to be sold; provide a maximum rate of<br>fee, compensation, or commission; and provide that the county reserves the right to reject any<br>and all offers determined to be insufficient. After adoption of the resolution, the board of county<br>commissioners may engage licensed real estate brokers to attempt to sell the described property<br>by way of nonexclusive listing agreements.11-27-04. Reservation of mineral rights. Repealed by S.L. 1951, ch. 112, </p>
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