No title to the property is transferred by a lien or contract for lien notwithstanding any agreement to the contrary.
S.D. Codified Laws § 44-1-7
Lien or contract of lien transfers no title to property
Applied in 1 court decision — leading case FIRST FEDERAL SAV. & LOAN ASS'N, ETC. v. Wick (1982)
Most recently applied in FIRST FEDERAL SAV. & LOAN ASS'N, ETC. v. Wick (August 1982)
Source: CivC 1877, § 1706; CL 1887, § 4330; RCivC 1903, § 2026; RC 1919, § 1531; SDC 1939, § 39.0107.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.