South Dakota § 9-51-7 Appraisement of property being purchased for parking lot--Maximum price.

South Dakota Statutes

§ 9-51-7 — Appraisement of property being purchased for parking lot--Maximum price.

South Dakota § 9-51-7

Title 9MUNICIPAL GOVERNMENT

Ch. 9-51MUNICIPAL PARKING FACILITIES

This text of South Dakota § 9-51-7 (Appraisement of property being purchased for parking lot--Maximum price.) 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 § 9-51-7 (2026).

Text

Before entering into a contract for the purchase of real property under the terms of § 9-51-6 , the governing body shall cause such real property to be appraised by a board of three disinterested appraisers who are freeholders within the municipality or by one or more persons licensed by the state to do fee appraisals. No contract may be entered into by the governing body if the purchase price is in excess of the amount of such appraisement.

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Before entering into a contract for the purchase of real property under the terms of § 9-51-6 , the governing body shall cause such real property to be appraised by a board of three disinterested appraisers who are freeholders within the municipality or by one or more persons licensed by the state to do fee appraisals. No contract may be entered into by the governing body if the purchase price is in excess of the amount of such appraisement.