South Dakota Statutes

§ 21-48A-3 — Possession of property by mortgagee.

South Dakota·Title 21 JUDICIAL REMEDIES·Ch. 21-48A NONJUDICIAL VOLUNTARY FORECLOSURE
Until the completion of foreclosure pursuant to this chapter, the mortgagee shall possess the real property subject to liens of record at the time of the conveyance by the mortgagor. However, the lien of the mortgagee shall remain prior to liens which were junior to the mortgage at the time of conveyance by the mortgagor to the mortgagee.

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South Dakota § 21-48A-3 (Possession of property by mortgagee.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1991, ch 185, § 3.

Nearby Sections

15
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