South Dakota Codified Laws 29A-6-408. Requirements
Current as of: 2023 | Check for updates
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A transfer on death deed must:
(1) Except as otherwise provided in subdivision (2), contain the essential elements and formalities of a properly recordable inter vivos deed as required by the standards of title;
Terms Used In South Dakota Codified Laws 29A-6-408
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Inter vivos: Transfer of property from one living person to another living person.
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
(2) State that the transfer to the designated beneficiary is to occur at the transferor’s death; and
(3) Be recorded before the transferor’s death in the public records in the office of the register of deeds in the county where the property is located.
Source: SL 2014, ch 133, § 8.