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Code · South Dakota · Title 44 · Chapter 44-2

44-2-2. Purchase price of real property--Mortgage given for at time of conveyance--Vendor's lien--Priority over other liens--Operation of recording laws.

44 words·~1 min read·/sd/title-44/chapter-44-2/44-2-2

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A mortgage given for the price of real property at the time of its conveyance and the vendor's lien for unpaid purchase price of real property have priority over all other liens created against the purchaser subject to the operation of the recording law.
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