N.D. Cent. Code, § 51-18-04 (2006)
51-18-04. Agreement requirement.
No agreement of the buyer in a personal solicitation sale is enforceable
unless it is in writing, dated, contains the
signature of the buyer, and contains a conspicuous notice in substantially
the following form:
NOTICE TO BUYER
1. Do not sign this agreement if any of the spaces intended for the
agreed terms to the extent of then available information are left blank.
2. You are entitled to a copy of this agreement at the time you sign it.
3. You may pay off the full unpaid balance due under this agreement at
any time, and in so doing you may receive a full rebate of the unearned
finance and insurance charges.
4. You may cancel this transaction at any time prior to midnight of the
third business day after the date of this transaction. See the attached
notice
of cancellation form for an explanation of this right.
5. The seller cannot enter your premises unlawfully or commit any breach
of the peace to repossess goods purchased under this agreement.
The agreement must also have attached the following completed form, in
duplicate:
NOTICE OF CANCELLATION
(Enter date of transaction)
1. You may cancel this transaction, without any penalty or obligation,
within three business days from the above date.
2. If you cancel, any property traded in, any payments made by you under
the contract or sale, and any negotiable instrument executed by you will be
returned within ten business days following receipt by the seller of your
cancellation notice, and any security interest arising out of the
transaction
will be canceled.
3. If you cancel, you must make available to the seller at your
residence, in substantially as good condition as when received, any goods
delivered to you under this contract or sale; or you may, if you wish,
comply
with the instructions of the seller regarding the return shipment of the
goods
at the seller's expense and risk.
4. If you do make the goods available to the seller and the seller does
not pick them up within twenty days of the date of your notice of
cancellation, you may retain or dispose of the goods without any further
obligation. If you fail to make the goods available to the seller, or if you
agree to return the goods to the seller and fail to do so, then you remain
liable for performance of all obligations under the contract.
5. To cancel this transaction, mail or deliver a signed and dated copy
of this cancellation notice or any other written notice, or send a telegram,
to (name of seller), at (address of seller's place of business) not later
than
midnight of (date).
I hereby cancel this transaction.
(Date)
(Buyer's signature)
If the buyer is sixty--five years of age or older, and the purchase price of
the product is greater than fifty dollars, the
agreement required by this chapter must either state that the buyer may
cancel the agreement within fifteen business days
in accordance with this chapter, or state in a conspicuous manner that if
the buyer is not satisfied with the product for any
reason, the buyer may contact the seller within a period of not less than
thirty days from the date of purchase for a full
refund of the purchase price, if the product has not been intentionally
damaged or misused.