{"data":{"id":"us-sd/sdcl-43-4-51","jurisdiction":"us-sd","citation":"SDCL § 43-4-51","heading":"Disclosure of private transfer fee obligations.","body":"Private transfer fee obligations shall be disclosed as follows:\n(1) For transfers of real property subject to the disclosure requirements contained in §§ 43-4-38 to 43-4-44, inclusive, disclosure of any private transfer fee obligations shall be made using the property condition disclosure statement set forth in § 43-4-44;\n(2) For transfers of real property not subject to the disclosure requirements contained in §§ 43-4-38 to 43-4-44, inclusive, each seller of real property shall furnish to any purchaser a written statement disclosing the existence of any private transfer fee obligation. This written statement shall include a description of the private transfer fee obligation and include a statement that private transfer fee obligations are subject to certain prohibitions pursuant to §§ 43-4-46 to 43-4-57, inclusive. The written document must contain a statement with the following language:\nA private transfer fee obligation has been imposed with respect to this property. A private transfer obligation may lower the value of this property. State law prohibits the creation of private transfer fee obligations pursuant to § 43-4-49 and requires certain notice procedures to be followed with respect to private transfer fee obligations pursuant to §§ 43-4-52 to 43-4-57, inclusive.","path":["TITLE 43. PROPERTY","CHAPTER 43-4. TRANSFER OF PROPERTY"],"source_url":"https://sdlegislature.gov/Statutes/43-4-51","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"83c5bae8a999e50ecf1f0a248bb4ffb9286852e216612b88bc61f11897de837d","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-43-4-50","next":"us-sd/sdcl-43-4-52"},"notice":"GroundRules: Original legal text. Not legal advice."}