South Dakota Codified Laws
Chapter 49 - Short-Term Redemption Mortgages
Section 21-49-35 - Notice of redemption--Form--Recording.

21-49-35. Notice of redemption--Form--Recording.
A written notice of redemption shall be served on the purchaser and the person making the sale by the person seeking to redeem. If such person redeem as holder of a judgment, notice shall be a certified copy thereof. If such person redeem as holder of a mortgage or other lien, notice shall be a certified copy of the record thereof, together with a certified copy of any assignment to establish his claim, and an affidavit showing the amount then actually due on the lien; and at the same time shall pay to the person making the sale the amount prescribed by §21-49-34. If such person redeem as a successor in interest of a judgment debtor, notice shall be proof of interest in such property.
A duplicate of the notice of redemption with proof of service shall be forthwith filed for record with the register of deeds of the counties where the property is located.

Source: SL 1977, ch 187, §24.

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.

Section 21-49-17 - Joinder of other persons liable--Judgment and enforcement of judgment as against mortgagor.

Section 21-49-18 - Other recovery proceedings to be stated in complaint.

Section 21-49-19 - Money judgment as precluding foreclosure unless execution remains unsatisfied.

Section 21-49-20 - Recovery proceedings not allowed pending foreclosure action.

Section 21-49-21 - Time for defendant's answer.

Section 21-49-22 - Injunction against injury to property--Duration.

Section 21-49-23 - Judgment rendered for amount due and costs--Sale of property and delivery to purchaser--Lien priorities.

Section 21-49-24 - Sale by court-appointed officer--Levy not required.

Section 21-49-25 - Notice of sale--Contents.

Section 21-49-26 - Mortgagee may purchase at sale--Bid required.

Section 21-49-27 - Bid of less than full debt amount--Requirements--Execution for deficiency.

Section 21-49-28 - Foreclosure as complete satisfaction of debt.

Section 21-49-29 - Application of sale proceeds.

Section 21-49-30 - Certificate of sale to purchaser--Contents--Recording--Commencement of redemption period.

Section 21-49-31 - Redemption defined.

Section 21-49-32 - Waste of property restrained during redemption period.

Section 21-49-33 - Right of judgment debtor and lien holders to redeem.

Section 21-49-34 - Payments by persons redeeming.

Section 21-49-35 - Notice of redemption--Form--Recording.

Section 21-49-36 - Certificate of redemption--Contents.

Section 21-49-37 - Recording certificate of redemption.

Section 21-49-38 - Deed issued after short redemption or abandonment period--Maximum period.

Section 21-49-40 - Citation of chapter.