What Lease Data Does Juniper Square Need for Fund Reporting?
The specific lease data fields required for accurate Juniper Square fund reporting, investor distributions, and portfolio analytics.
By Angel Campa, Founder · Updated March 2026
North Dakota provides a landlord-favorable, contract-driven commercial leasing environment. Commercial landlord-tenant relationships are governed by North Dakota Century Code Title 47 (Property) and Title 33 (Landlord and Tenant), with courts strongly deferring to the express lease terms and applying general contract law principles to fill gaps. The state's legislature maintains a minimalist approach to commercial lease regulation, consistent with North Dakota's broader pro-business regulatory philosophy.
Self-help evictions are not permitted for commercial properties; landlords must use the formal eviction (formerly "unlawful detainer") process. North Dakota does not impose a commercial rent tax, and there is no statutory cap on commercial security deposits. The state's commercial real estate market is heavily influenced by the oil and gas industry in the Bakken Formation (Williston Basin), agricultural processing and storage infrastructure throughout the Red River Valley and western plains, and government-related commercial activity in Bismarck, Fargo, and Grand Forks. Practitioners abstracting commercial leases in the Williston Basin oil patch should be particularly attentive to energy-sector-specific provisions, rapidly fluctuating occupancy patterns, and environmental indemnification clauses.
The foundational property law title governing real estate transactions, lease formation, and landlord-tenant obligations in North Dakota for both commercial and residential properties.
View statute →Specifically governs the landlord-tenant relationship in North Dakota, providing statutory notice requirements, eviction procedures, and security deposit rules applicable to commercial tenancies.
View statute →Establishes the procedures and required notices for commercial landlords to recover possession through the district court eviction process.
View statute →| Type | Period | Details |
|---|---|---|
| Nonpayment of Rent | 3 days | Under North Dakota law, a landlord must serve a 3-day written notice to pay rent or quit before commencing formal eviction proceedings for commercial non-payment. |
| Month-to-Month Termination | 30 days | Either party must provide 30 days of advance written notice to terminate a month-to-month commercial tenancy in North Dakota. |
| Lease Violation (Non-Rent) | 3 days | For material non-monetary lease violations, North Dakota recognizes a 3-day written notice to comply or quit prior to commencing eviction proceedings. |
No statutory right; audit provisions must be contractually negotiated.
North Dakota does not provide any statutory CAM or operating expense audit rights for commercial tenants. Audit rights are entirely contractual. Tenants in triple-net leases—common in the energy-sector commercial market—should negotiate explicit audit provisions covering not only standard CAM charges but also specialized pass-throughs such as environmental compliance costs, hazardous waste disposal expenses, and regulatory permit fees that are prevalent in the Williston Basin commercial market.
Disclaimer: This page provides general information about commercial landlord-tenant law in North Dakota. It is not legal advice. Laws change frequently and local ordinances may impose additional requirements. Consult a licensed attorney in North Dakota for guidance specific to your situation.
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