Number Pages In Legal South Dakota Gifts Forms For Free

A South Dakota general warranty deed is a document that transfers the ownership of real estate in fee-simple and the title without liens or encumbrances. The document must state that the grantor (seller) ?grants, conveys and warrants? the described real estate to the grantee (buyer).

A South Dakota transfer-on-death deed?often called a TOD deed?is a written legal document that transfers property to one or more beneficiaries named in the document on the death of the owner. South Dakota TOD deeds were first authorized by the South Dakota Real Property Transfer on Death Act in 2014.

General warranty deed It's the type of deed that offers the most buyer protection. When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims.

A contract for deed is a contract where the seller remains the legal owner of the property and the buyer makes monthly payments to the seller to buy the house. The seller remains the legal owner of the property until the contract is paid.

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A Gift Affidavit is a sworn statement that can be used to document the gifting of property. If you've received or given a gift, you might have to prove it wasn't a loan or financial transaction with a Gift Affidavit.