Home › State by State Foreclosure Laws

South Dakota Foreclosure Law and Procedure

Here is a summary of foreclosure laws and rules for the State of South Dakota:

  • Lenders can use either a mortgage or deed of trust.
  • Lenders primarily use a mortgage and foreclose by judicial sale.
  • The foreclosure begins with filing complaint. It can take up to 150 days to process the documents and the date of publication must be published for 23 days.
  • The redemption period is 180 days to redeem unless the property is vacant, in which case the redemption period is 60 days.
If you are interested in reading the actual statutes relevant to mortgage and foreclosure in South Dakota those laws are available online.
Learn more about what the above procedures and rules mean. Review the homeowner foreclosure guide on this website.
Posted by Ralphmcd3 on Sat, 02/23/2008 - 17:45

Post new comment

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
4 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.