Real estate-related financial transactions include any transaction involving the following:
- (1) The sale, lease, purchase, investment in, or exchange of real estate, including interests in property or its financing;
- (2) The refinancing of real estate or interests in real estate; or
- (3) The use of real estate or interests in property as security for a loan or investment, including mortgage-backed securities.
Source: 18 SDR 36, effective August 25, 1991.
General Authority: SDCL 36-21B-3.
Law Implemented: SDCL 36-21B-3.