Section 2-03-02-04 - Abstracters serve the interests of real estate owners, purchasers, and lenders1. Abstracters shall facilitate transactions involving title by eliminating delays and unnecessary exceptions and making their services available in a manner which will encourage transferability of title. Abstracters and their employees may not engage in any unfair or deceptive acts or practices and shall conduct their business so as to promote the public interest and the continued integrity and stability of the abstract profession. 2. Abstract companies, abstracters, and abstract company employees must be courteous and prompt when communicating with their customers regarding timelines, abstract products, and other issues in order to avoid misunderstandings and prevent hardship for the customers. 3. Abstracters serve the public by assisting with other people's business transactions. This duty requires trust and confidence in the abstract profession. Abstract companies, abstracters, and abstract company employees may not abuse their position by wrongfully interfering with transactions between their customers and other people. Wrongful interference includes intentionally usurping a customer's sales for other services, such as title insurance, or any intentional act that creates, supports, or promotes an unlawful interference with business, except that actual damages need not be proven. N.D. Admin Code 2-03-02-04
General Authority: NDCC 43-01-05
Law Implemented: NDCC 43-01-16