South Dakota Statutes

§ 43-4-54 — Effect of failure to record notice of private transfer fee obligation.

South Dakota § 43-4-54
JurisdictionSouth Dakota
Title 43PROPERTY
Ch. 43-3TRANSFER OF PROPERTY

This text of South Dakota § 43-4-54 (Effect of failure to record notice of private transfer fee obligation.) 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 § 43-4-54 (2026).

Text

If the payee fails to comply fully with § 43-4-52 , the grantor of any real property burdened by the private transfer fee obligation may proceed with the conveyance of any interest in the real property to any grantee and in so doing is deemed to have acted in good faith and is not subject to any obligations under the private transfer fee obligation. In such event, the real property thereafter shall be conveyed free and clear of such transfer fee and private transfer fee obligation.

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Legislative History

SL 2011, ch 196, § 9.

Nearby Sections

15
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Bluebook (online)
South Dakota § 43-4-54, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/43-4-54.