South Dakota § 29A-6-425 - Purchaser for value or lender acquiring security interest in property takes property free of claims.
Full text of South Dakota South Dakota Codified Laws § 29A-6-425 — Purchaser for value or lender acquiring security interest in property takes property free of claims., with citation guidance and answers to common questions.
§ 29A-6-425. Purchaser for value or lender acquiring security interest in property takes property free of claims.
A purchaser for value of property or a lender who acquires a security interest in the property from a beneficiary of a transfer on death deed after the death of the owner, in good faith, takes the property free of any claims of or liability to the owner's estate, creditors of the owner's estate, persons claiming rights as beneficiaries under the deed or heirs of the owner's estate, in absence of actual knowledge that the transfer was improper or that the information in an affidavit of confirmation, if any, provided pursuant to § 29A-6-432, is not true; and, a purchaser or lender for value has no duty to verify sworn information relating to the deed.
Source: SL 2014, ch 133, § 25.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 29A-6-425
What does South Dakota Codified Laws § 29A-6-425 cover?
Section 29A-6-425 ("Purchaser for value or lender acquiring security interest in property takes property free of claims.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 29A-6-425?
A common citation format is "South Dakota Codified Laws § 29A-6-425" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 29A-6-425 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.