South Dakota Codified Laws 29A-6-417. Effect of transfer on death deed when transferor is joint owner
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If a transferor is a joint owner and is:
(1) Survived by one or more other joint owners, then the property that is the subject of a deed belongs to the surviving joint owner or owners with right of survivorship; or
Terms Used In South Dakota Codified Laws 29A-6-417
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
- Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.
(2) The last surviving joint owner, then the transfer on death deed is effective.
Source: SL 2014, ch 133, § 17.