S.D. Codified Laws § 29A-6-416

Current through the 2024 Legislative Session
Section 29A-6-416 - Beneficiary takes property subject to all interests present at transferor's death

Subject to chapter 43-28, a beneficiary takes the property subject to all conveyances, encumbrances, assignments, contracts, mortgages, liens, and other interests to which the property is subject at the transferor's death. For purposes of this section and chapter 43-28, the recording of the transfer on death deed is deemed to have occurred at the transferor's death.

SDCL 29A-6-416

SL 2014, ch 133, §16.
Added by S.L. 2014, ch. 133,s. 16, eff. 7/1/2014.