South Dakota Codified Laws 21-52-30. Recording and service of notice by cotenant making redemption–Constructive notice
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The cotenant serving the notice required in § 21-52-29 shall forthwith record the same, with proof of service thereof, in the office of the register of deeds in the county where the judicial sale or foreclosure was made. Such notice shall be served in like manner as a summons in a civil action is served. From the date of recording such notice, all persons shall be presumed to have notice of the fact of such redemption by one or more joint owners.
Terms Used In South Dakota Codified Laws 21-52-30
- Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
- Summons: Another word for subpoena used by the criminal justice system.
Source: SL 1949, ch 142, § 14; SDC Supp 1960, § 37.5614 (2).