South Dakota Codified Laws 29A-6-409. Notice, delivery, acceptance, consideration not required
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A transfer on death deed is effective without:
(1) Notice or delivery to or acceptance by the designated beneficiary during the transferor’s life; or
Terms Used In South Dakota Codified Laws 29A-6-409
- 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.
(2) Consideration.
Source: SL 2014, ch 133, § 9.