6-13-12. Full purchase price paid in cash--Execution of deed.
If the governing board approves a sale pursuant to §6-13-11, and the full amount of the purchase price has been paid in cash, the board shall direct that a deed conveying such property be delivered to the purchaser thereof. The deed shall be executed in the name of the chairman of the governing board and attested by the fiscal officer. The deed shall vest in the grantee or grantees all of the right, title, and interest of the political subdivision in and to such real property so sold and every part thereof.
Source: SL 1989, ch 62, §4.
Structure South Dakota Codified Laws
Title 6 - Local Government Generally
Chapter 13 - Disposal of Surplus Government Property
Section 6-13-1 - Disposition of surplus property.
Section 6-13-2 - Appraisal of value of surplus property--Filing of report.
Section 6-13-3 - Improvements appraised separately--Equipment and property not appraised.
Section 6-13-4 - Notice by publication of sale of surplus property--Exceptions.
Section 6-13-5 - Receipt of sealed bids--Sale to highest bidder--Absence of bids--Private sale.
Section 6-13-5.1 - Sale of property conveyed by a railroad.
Section 6-13-5.2 - Sale of government property at public auction or through broker--Offers--Notice.
Section 6-13-6 - Sale by auction--Notice by publication.
Section 6-13-7 - Persons prohibited from purchasing surplus property--Exception.
Section 6-13-8 - Deposit and credit of sale revenue.
Section 6-13-9 - Sale of real property under installment contract.
Section 6-13-10 - Acceptance of bid for installment contract.
Section 6-13-11 - Board approval of installment contract sales.
Section 6-13-12 - Full purchase price paid in cash--Execution of deed.
Section 6-13-13 - Less than full amount of purchase price in cash--Execution of contract for deed.
Section 6-13-14 - Transfer, license, or sale of computer software--Notice to board.