South Dakota Statutes

§ 29A-6-425 — Purchaser for value or lender acquiring security interest in property takes property free of claims.

South Dakota § 29A-6-425
JurisdictionSouth Dakota
Title 29AUNIFORM PROBATE CODE
Ch. 29A-6NON-PROBATE TRANSFERS

This text of South Dakota § 29A-6-425 (Purchaser for value or lender acquiring security interest in property takes property free of claims.) 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 § 29A-6-425 (2026).

Text

A purchaser for value of property or a lender who acquires a security interest in the property from a beneficiary of a transfer on death deed after the death of the owner, in good faith, takes the property free of any claims of or liability to the owner's estate, creditors of the owner's estate, persons claiming rights as beneficiaries under the deed or heirs of the owner's estate, in absence of actual knowledge that the transfer was improper or that the information in an affidavit of confirmation, if any, provided pursuant to § 29A-6-432 , is not true; and, a purchaser or lender for value has no duty to verify sworn information relating to the deed.

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Legislative History

SL 2014, ch 133, § 25.

Nearby Sections

15
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Bluebook (online)
South Dakota § 29A-6-425, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/29A-6-425.