South Dakota Statutes
§ 21-2-3 — Damages for breach of agreement to convey real property.
The detriment caused by the breach of an agreement to convey an estate in real property is deemed to be the price paid, and the expenses properly incurred in examining the title and preparing the necessary papers, with interest thereon; but adding thereto, in case of bad faith, the difference between the price agreed to be paid, and the value of the estate agreed to be conveyed, at the time of the breach, and the expenses properly incurred in preparing to enter upon the land.
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South Dakota § 21-2-3 (Damages for breach of agreement to convey real property.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Skoglund v. Staab
312 N.W.2d 29 (South Dakota Supreme Court, 1981)
Munderloh v. Seastrom
270 N.W.2d 377 (South Dakota Supreme Court, 1978)
Legislative History
CivC 1877, § 1953; CL 1887, § 4586; RCivC 1903, § 2298; RC 1919, § 1970; SDC 1939 & Supp 1960, § 37.1805.
Nearby Sections
15
§ 21-1-11
Repealed§ 21-1-13
Repealed§ 21-1-13.2
Application of interest statutes.§ 21-1-14
Liability of issuer of bad check for collection costs--Costs included in restitution award.§ 21-1-15
Definitions.§ 21-1-3
Damages to be reasonable.