South Dakota Codified Laws
Chapter 49 - Short-Term Redemption Mortgages
Section 21-49-30 - Certificate of sale to purchaser--Contents--Recording--Commencement of redemption period.

21-49-30. Certificate of sale to purchaser--Contents--Recording--Commencement of redemption period.
The person making such sale shall give to the purchaser a certificate of sale, containing:
(1)A recital of the fact of the sale, stating the time, and place, and the name of the purchaser;
(2)The legal description of the property sold;
(3)The price bid for each distinct parcel; and
(4)The whole price paid.
The certificate shall be executed and acknowledged and shall be recorded in the office of the register of deeds where the property is located within twenty days from the date of sale. The period of redemption as provided in this chapter shall commence on the date that the certificate is recorded.

Source: SL 1977, ch 187, §19.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 21 - Judicial Remedies

Chapter 49 - Short-Term Redemption Mortgages

Section 21-49-11 - Foreclosure alternatives available on small tracts subject to chapter--Mortgages under earlier law.

Section 21-49-12 - Clause subjecting mortgage to chapter--Caption required--Mortgagor's right to possession of property during redemption period.

Section 21-49-13 - Provisions includable in mortgage--Satisfaction of notice requirements.

Section 21-49-14 - Forms of mortgages authorized--Address and description requirements not applicable.

Section 21-49-15 - Commencement of foreclosure or satisfaction action--Service of process on nonresident defendant--Required defendants.

Section 21-49-16 - Service by publication.