Redemption is the right to repay the amount paid for real property or any interest thereon, sold on foreclosure of a real estate mortgage or on special or general execution against the property of a judgment debtor, or upon the foreclosure of any lien upon such real property other than a lien for taxes or special assessment.
S.D. Codified Laws § 21-52-1
Redemption defined--Sales subject to redemption
Applied in 4 court decisions — leading case Justice v. Valley National Bank (1988)
Most recently applied in Equitable Life Assurance Society of the United States v. First National Bank (November 1999)
Source: SL 1949, ch 142, § 1; SDC Supp 1960, § 37.5601.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.