My question involves real estate located in the State of: North Dakota
In 1997 mom and dad did a quit claim deed for farm land where they were the grantors giving a life estate interest to themselves and remainder interest to myself, my sister and my brother (grantees). Dad died in 2004. Mom does not live on the farm, but rents it out and receives all proceeds from the rent as well as pays the taxes and insurance.
My question is, can mom take out a mortgage on the property? Can any of the grantees take out a mortgage on the property? If so, what signatures/approvals are needed, if any?