South Dakota Codified Laws
Chapter 29 - Title Defects Cured By Lapse Of Time
Section 43-29-2 - Mortgage or other lien upon real property discharged by record showing sale of property on foreclosure.

43-29-2. Mortgage or other lien upon real property discharged by record showing sale of property on foreclosure.
The record of a mortgage or other lien upon real property shall be without effect and said mortgage or lien shall be deemed satisfied and discharged where it appears from other records in the office of the register of deeds or clerk of courts that the property described therein has been sold on foreclosure of such mortgage or lien, or shows that the indebtedness secured thereby has been fully paid.

Source: SL 1943, ch 175, §2; SDC Supp 1960, §51.1626 (2).

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 43 - Property

Chapter 29 - Title Defects Cured By Lapse Of Time

Section 43-29-1 - Title to real property unaffected by notice of pendency of action recorded after expiration of ten years from date of filing.

Section 43-29-2 - Mortgage or other lien upon real property discharged by record showing sale of property on foreclosure.

Section 43-29-3 - Acknowledgment of instrument affecting title to real property not subject to attack after expiration of ten years from date of filing.

Section 43-29-4 - Instruments affecting title to real property recorded for ten years or more--Variance in names--Presumptions.

Section 43-29-5 - Judgment or decree affecting title to real property conclusive after twenty years from date of entry--Supporting proceedings deemed legally taken.

Section 43-29-6 - Curative provisions applicable to previously recorded instruments--Inapplicable to pending actions.

Section 43-29-7 - Defect or omission in record respecting title to real estate existing for more than ten years--Correction unnecessary in order to make title marketable.

Section 43-29-8 - Defect or omission in record respecting title to real estate existing for more than twenty years--Performance of acts to correct record unnecessary in order to make title merchantable or marketable.

Section 43-29-9 - "Record" as used in marketable title provisions construed.

Section 43-29-10 - Municipal lot platted more than twenty years--Judgment or decree prior to platting--Abstract of title not required to show proceedings supporting judgment or decree.