South Dakota Codified Laws
Chapter 02 - Recording, Notice And Priority Of Liens
Section 44-2-2 - Purchase price of real property--Mortgage given for at time of conveyance--Vendor's lien--Priority over other liens--Operation of recording laws.

44-2-2. Purchase price of real property--Mortgage given for at time of conveyance--Vendor's lien--Priority over other liens--Operation of recording laws.
A mortgage given for the price of real property at the time of its conveyance and the vendor's lien for unpaid purchase price of real property have priority over all other liens created against the purchaser subject to the operation of the recording law.

Source: CivC 1877, §1712; CL 1887, §4336; RCivC 1903, §2032; RC 1919, §1537; SDC 1939, §39.0113.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 44 - Liens

Chapter 02 - Recording, Notice And Priority Of Liens

Section 44-2-1 - Priority of different liens upon same property--Determination--Time of creation.

Section 44-2-2 - Purchase price of real property--Mortgage given for at time of conveyance--Vendor's lien--Priority over other liens--Operation of recording laws.

Section 44-2-3 - Public record notice of claim of lien on personal property--No other method provided--Lien statement--Contents.

Section 44-2-4 - Lien statement covering personal property--Condition precedent to filing--Mailing of copy to owner of property.

Section 44-2-5 - Lien statement covering personal property--Filing in office of register of deeds, effect--Indexing of filed statements--Filing fees.

Section 44-2-6 - Lien statement covering personal property--Certified copies of filed statement, filing in other counties, effect, indexing.