47-16-07.4. Fraudulent misrepresentations - Receipt of security deposit

47-16-07.4. Fraudulent misrepresentations - Receipt of security deposit A lease or rental agreement for real property or a dwelling unit which is entered into upon partial or total reliance of fraudulent misrepresentations may be terminated by the party fraudulently induced into the lease or rental agreement and that party shall receive any security deposit made pursuant to the lease or rental agreement together with any accrued interest on the deposit.