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50D 19H 46M 22S
5/5/2020 5:00 PM CDT
8/31/2020 5:00 PM CDT
Total Lease Cost at Price:
(Annual Rental Price + 3% Buyer Premium)
Section 20: SW4SE4
Section 20: SW4SE4
At the close of auction, you will be required to sign a settlement sheet indicating you accept any liability for your actions on these tracts, and agree to these terms. Please refer to the Terms and Conditions of a Department of Trust Lands lease for details.
The Buyer's Premium will be paid separately to EnergyNet by wire transfer payment, ACH, or overnighted cashier's check. The successful bidder will be provided by email from EnergyNet, complete wire transfer payment and closing instructions, including invoices for all funds due at the close of the sale.
Lessees must be 18 years of age or older, under ND state law.
Leases are not valid until approved by the Land Commissioner and will become effective January 1 or retroactive to January 1.
The North Dakota Department of Trust Lands does not guarantee access to tracts available for lease.
Bidding will begin at the advertised minimum; these vary by region of the state and quality of the tract. If a lease is bid-up, the bid-up rent will be due each year of the lease. Payment for tracts is due immediately following this auction. All subsequent lease payments will be due prior to January 1 throughout the term.
Except for cropping and improved hayland acres specifically authorized on the lease document, school trust lands are leased for pasture and meadow purposes only, and must be maintained in good range condition. Weed control is required and cost share is available. Third Party Use is not allowed without written permission from the Department. If your tract is adjacent to a winter maintained road, you are responsible for the mowing, according to township or county specifications. These lands are open to NON-vehicular public access. You may not post “NO Hunting/Trespassing” signs. Approved signs are available through our Bismarck office only.the Department of Trust Lands free of charge.
Unless specifically stated otherwise, non-permanent improvements are property of the current lessee, who has 120 days after lease expiration (December 31) to remove them (in their entirety) or make arrangements with a new lessee for the sale or lease of the non-permanent improvement. EX: Fences, windmill, water tank, submersible pump in a well.
At the close of auction, the successful bidder will be notified via email with closing instructions, including total amount due.
Payment to the State of North Dakota must be confirmed by email to email@example.com on the day of the sale, and a check mailed within 24 hours.
A 3% Buyer Premium, calculated as 3% of the total rental bid, will be added to the cost of this lease.