South Dakota Statutes
§ 21-48A-3 — Possession of property by mortgagee.
South Dakota § 21-48A-3
This text of South Dakota § 21-48A-3 (Possession of property by mortgagee.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 21-48A-3 (2026).
Text
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.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 1991, ch 185, § 3.
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Repealed§ 21-1-13
Repealed§ 21-1-13.2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.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 21-48A-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/21-48A-3.