Weather Forecast


ND Realtors group supports yes vote on Measure 2 tax issue

FARGO — The North Dakota Association of Realtors is urging a yes vote Nov. 4 on Measure 2, a constitutional amendment that would ban transfer taxes on real estate transactions.

North Dakota currently does not have transfer or mortgage taxes, but as the state works to lower property taxes, municipalities may look to implement them, Scott Breidenbach, a Fargo Realtor, said at a news conference Thursday.

If approved by voters, the amendment, which was placed on the ballot by the North Dakota Legislature, would prohibit the state and any political subdivision from imposing such a tax on the sale or transfer of property.

Minnesota and South Dakota are among 35 states plus the District of Columbia that do have transfer taxes, according to the Realtors group.

Forum News Service

The Forum Communications News Service is the premier news wire service covering the Upper Midwest, including the Dakotas, Minnesota and Wisconsin. In addition to breaking and enterprise news, we offer a wide variety of sports, features, business, agriculture, outdoors and opinion content. For more information about the services we offer or to discuss content subscriptions, please contact us.