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South Dakota Codified Laws

Chapter 43-15A

S.D. Codified Laws ch. 43-15A

Condominiums

43-15A-1Definition of terms.43-15A-2Estates subject to chapter.43-15A-3Establishment of condominium project--Master deed or lease.43-15A-4Particulars required in master deed or lease.43-15A-5Common areas defined.43-15A-6Joint or common ownership.43-15A-7Exclusive and common rights of owners.43-15A-8Recording of transfers and encumbrances of individual units.43-15A-9Recording of master deeds and leases--Tax inapplicable to original recordation.43-15A-10Notice of intent to sell domestic condominium--Contract voidable if notice not given.43-15A-11Fee to accompany notice of intent--Questionnaire--Form and content.43-15A-12Inspection of condominium project.43-15A-13Waiver of initial inspection.43-15A-14Filing fee and inspection expenses to accompany notice of intent--Payment to inspector.43-15A-15Deposit and expenditure of fees.43-15A-16Public report of examination findings--Status of report.43-15A-17Commission report required before offer to sell or taking reservations to purchase.43-15A-18Supplementary report on investigations made after final or substitute report issued--True copy to purchasers.43-15A-19Copy of reports issued to prospective purchaser before binding contract for sale--Time to read copy--Receipt.43-15A-20True copies to be exact reproductions of commission's reports.43-15A-21Receipts kept by developer--Inspection--Duration.43-15A-22Material change in offering prohibited without written notice.43-15A-23Deposits held in escrow until delivery of deed.43-15A-24Management or recreation facility contract period limited--Subsequent contracts by council of co-owners.43-15A-25False statement, fraud, or violation of provisions as misdemeanor.43-15A-26Investigation of developer suspected of violations--Examination of books--Developers to keep records available.43-15A-27RepealedRepealed 43-15A-28Validation of previously established vertical and horizontal property regimes and condominiums--Deadline for enforcing rights--Notice of pendency.43-15A-29Lien for erection, repair, or improvement of a single development--Apportionment of liens.43-15A-30Promulgation of rules to administer and enforce chapter.