Whenever a lien has been claimed by filing the same in the office of the register of deeds and it is afterward satisfied by payment, foreclosure, compromise, or other method, the creditor shall execute and deliver to the owner of the property a satisfaction describing the lien by its date, date of filing, amount claimed, description of the property, and the names of the lien claimants and owner of the property. Such satisfaction shall be executed before two witnesses or acknowledged before a notary public, and upon presentation to the register of deeds, he shall file the same and cancel the said lien of record.
S.D. Codified Laws § 44-9-21
Manner of satisfying liens--Execution and delivery of satisfaction to owner of property--Contents--Acknowledgment--Record of satisfaction--Cancellation of lien
Applied in 1 court decision — leading case Jed Spectrum, Inc. v. Stoakes (2025)
Most recently applied in Jed Spectrum, Inc. v. Stoakes (July 2025)
Source: CCivP 1877, § 670; SL 1879, ch 41, § 7; CL 1887, §§ 2045, 5484; RPolC 1903, § 2579; RCCivP 1903, § 711; SL 1909, ch 51, § 9; SL 1915, ch 243, § 9; RC 1919, §§ 1639, 1659…
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.