21-47-22. Prior certificates validated despite delay in recording--Rights barred by no action.
All certificates of mortgage foreclosure sale of real property by action recorded prior to January 1, 1992, and the records of such certificates, are hereby legalized, cured, and validated, and such certificates and the record thereof are made and declared to be in every manner and respect of like force and effect as though such certificates had been recorded within ten days from the date of sale as required by §21-48-19.
If any person has any vested right in any real property by reason of any omission referred to in this section, and if no action or proceeding to enforce such right was commenced prior to July 1, 1993, such right shall be forever barred. No action or proceeding brought involving real property shall be of any force or effect, or maintainable in any court of this state, unless prior to July 1, 1993, there was recorded in the office of the register of deeds of the county in which the real property affected is situated, a notice of the pendency of such action, in accordance with chapter 15-10.
Source: SDC 1939, §65.0304; SL 1992, ch 307, §9.
Structure South Dakota Codified Laws
Chapter 47 - Actions To Foreclose Real Property Mortgages
Section 21-47-1 - Venue of foreclosure actions--Service outside county on nonresident defendant.
Section 21-47-2 - Service by publication on nonresident, absent or unknown defendants.
Section 21-47-4 - Previous actions for collection of debt to be disclosed by complaint.
Section 21-47-6 - Proceedings at law not had while foreclosure action pending.
Section 21-47-7 - Injunction to restrain injury to property during existence of lien or foreclosure.
Section 21-47-8 - Dismissal of complaint on payment into court of installments then due.
Section 21-47-9 - Examination of premises on judgment for plaintiff.
Section 21-47-15 - Purchase by mortgagee at sale--Fair and reasonable bid required.
Section 21-47-17 - Foreclosure as complete satisfaction of debt--Exception.
Section 21-47-18 - Application of proceeds of sale--Investment of unclaimed surplus.
Section 21-47-20 - Execution for balance unsatisfied by proceeds of sale.
Section 21-47-21 - Certificate of sale issued to purchaser.
Section 21-47-23 - Redemption procedure.
Section 21-47-24.1 - Lien priority in crops determined by Uniform Commercial Code.
Section 21-47-25 - Prior foreclosure sales validated despite defects--Rights barred by no action.