South Dakota § 6-5-3 Resolution for gratuitous transfer of real property--Conveyance.

South Dakota Statutes

§ 6-5-3 — Resolution for gratuitous transfer of real property--Conveyance.

South Dakota·Title 6 LOCAL GOVERNMENT GENERALLY·Ch. 6-5 EXCHANGES OF PROPERTY AND WORK

If the governing body deems it advisable and to the best interest of the public to convey any such property to another political subdivision or nonprofit corporation pursuant to § 6-5-2 , it shall by resolution direct that said property be so conveyed and transferred. Thereupon a deed of conveyance shall be made to the political subdivision or nonprofit corporation, which deed vests in the grantee all the right, title and interest of the transferor in and to the real property so conveyed.

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If the governing body deems it advisable and to the best interest of the public to convey any such property to another political subdivision or nonprofit corporation pursuant to § 6-5-2 , it shall by resolution direct that said property be so conveyed and transferred. Thereupon a deed of conveyance shall be made to the political subdivision or nonprofit corporation, which deed vests in the grantee all the right, title and interest of the transferor in and to the real property so conveyed.

South Dakota § 6-5-3 (Resolution for gratuitous transfer of real property--Conveyance.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.