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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.

The cost of transfer taxes in South Dakota is $0.50/$500 of the home's sale value. Most real estate transfers will be charged this tax, but there are some exceptions. Exceptions include, but are not limited to, transfers between spouses, foreclosure, distribution of estates, divorces, or pure gifts.

The county register of deeds office can most appropriately be thought of as a library of local records. This office is a storage facility for a host of local documents. From land title transfers to birth, marriage, and death records, this office has a wealth of information about the local population.

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.

When selling a house in South Dakota, the seller usually pays for the homeowner's title policy. If the buyer wants to purchase an enhanced policy, they will have to pay for the difference between the two policies.

An Agreement of Sale is typically used when the sale is not finalized. It involves the parties signing a contract to sell the property, which establishes the terms of the sale. A Sale Deed is a legal document that formalizes the agreement between the seller and buyer to sell a property.