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North Dakota Farming & Grazing Lease Bond

A North Dakota Farming & Grazing Lease Bond is a financial guarantee required when leasing state-owned land for farming or grazing livestock. If you want to lease land from the State of North Dakota for agricultural purposes, you must get this bond. It protects the state by ensuring you'll follow the lease terms, pay …

Bond amountVaries by license type or project
State or jurisdictionNorth Dakota
ObligeeState of North Dakota

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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2323 yearsHelping clients and agents
Overview

What it is.

A North Dakota Farming & Grazing Lease Bond is a financial guarantee required when leasing state-owned land for farming or grazing livestock. If you want to lease land from the State of North Dakota for agricultural purposes, you must get this bond. It protects the state by ensuring you'll follow the lease terms, pay …

Who usually needs it

Lessees of North Dakota state trust lands for farming and grazing purposes may be required by the Board of University and School Lands to execute bonds conditioned for payment of rents, royalties, and compliance with lease terms.

Pricing & timing

What to expect.

Generic pricing

Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending on risk factors. Contact us for a specific quote.

Your quote determines the actual premium.

Typical timeframe

Credit-based approval — varies by bond type

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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