Home/South Dakota/Statutes/Title 44: LIENS/Ch. 44-8: REAL ESTATE MORTGAGES/§ 44-8-27
South Dakota Statutes

§ 44-8-27 — Due

South Dakota § 44-8-27
JurisdictionSouth Dakota
Title 44LIENS
Ch. 44-8REAL ESTATE MORTGAGES

This text of South Dakota § 44-8-27 (Due) 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 § 44-8-27 (2026).

Text

For the purpose of this section and § 44-8-28 , a due - on - sale clause is a provision of a real estate mortgage which requires that the note secured by the mortgage be paid at the time the property is transferred and no assumption of the original note is permitted.

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Related

First Federal Savings & Loan Ass'n of Rapid City v. Clark Investment Co.
322 N.W.2d 258 (South Dakota Supreme Court, 1982)
13 case citations

Legislative History

SL 1981, ch 311, § 1.

Nearby Sections

15
§ 44-1-1
Lien defined.
§ 44-1-10
Lien limited to specified obligation.
§ 44-1-11
Lien holder not entitled to compensation from owner for expenses incurred respecting lien--Exception.
§ 44-1-12
Destruction, disposal, or removal of personal property subject to security interest as felony.
§ 44-1-13
Priority of lien securing future advances.
§ 44-1-2
Classification of liens--Definition of terms--General lien--Special lien.
§ 44-1-3
Application of general statutes to liens--Exception.
§ 44-1-4
Creation of lien--Contract--Operation of law.
§ 44-1-5
Security for performance of future obligations--Creation of lien.
§ 44-1-6
Agreement to create lien on future interest--Attachment of lien.
§ 44-1-7
Lien or contract of lien transfers no title to property.
§ 44-1-8
Forfeiture of property to satisfy obligation secured by lien or restraint of right of redemption void.
§ 44-1-9
Obligation to perform not implied from lien.
§ 44-10-1
Pledge defined.
§ 44-10-10
Pledgee's sale of securities--Evidences of debt--Exception.
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Bluebook (online)
South Dakota § 44-8-27, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/44-8-27.