S.D. Codified Laws §43-15A-23

Condominiums — Deposits Held in Escrow

All purchase deposits must be held in a segregated escrow account until delivery of the deed. Protects buyers from developer misappropriation of deposits during pre-closing period.

Status Active

Source Official text

Reviewed August 5, 2026 · South Dakota changes feed

Source Provenance S.D. Codified Laws §43-15A-23

Primary source: Official text
Human review: Not yet signed off by a named reviewer (source-verified by scraper pipeline only)
Text snapshot: 2026-08-05 7f5fba6c4087 via OTHER
Change monitoring: Active · 0 change events on record · South Dakota feed
Threshold extraction: 1 verified threshold extracted from this statute
Applicability: Not currently mapped to a resale-certificate profile

This page renders from the verification chain above. The text snapshot is SHA-256 hashed at capture and never edited in place. Educational reference only — not legal advice.

Statutory Text Verified Aug 5, 2026 · OTHER

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Governance

Ref	Requirement
	Protects buyers from developer misappropriation of deposits during pre-closing period.
	All purchase deposits must be held in a segregated escrow account until delivery of the deed.

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Developer Transition South Dakota

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Condominiums — Deposits Held in Escrow

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