South Dakota Statutes

§ 44-8-22 — Rights of payee of note given in payment of purchase price--Deficiency judgment prohibition inapplicable unless note secured by real estate mortgage.

South Dakota·Title 44 LIENS·Ch. 44-8 REAL ESTATE MORTGAGES
Nothing contained in § 44-8-20 or 44-8-21 shall affect the rights of a payee or other owner of a note given in payment of all or part of the purchase price of real estate unless such note is secured by a real estate mortgage.

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South Dakota § 44-8-22 (Rights of payee of note given in payment of purchase price--Deficiency judgment prohibition inapplicable unless note secured by real estate mortgage.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1933, ch 138, § 4; SL 1935, ch 150, § 4; SDC 1939, § 39.0308.

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