Execution sales of real property must be made at public auction, to the highest bidder, for cash.
S.D. Codified Laws § 15-19-13
Real property sold at public auction to highest bidder
Applied in 2 court decisions — leading case Equitable Life Assurance Society of the United States v. First National Bank (1999)
Most recently applied in Equitable Life Assurance Society of the United States v. First National Bank (November 1999)
Source: SDC 1939 & Supp 1960, § 33.2008.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.