South Dakota Codified Laws 44-8-28. Inclusion of due-on-sale clause in mortgage required for enforcement
Current as of: 2023 | Check for updates
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No lender may enforce a due–on–sale clause unless the real estate mortgage includes such clause.
Terms Used In South Dakota Codified Laws 44-8-28
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
Source: SL 1981, ch 311, § 2.