On Mar. 31, 2025, SD LEG reported bill signed by the governor, effective Jul. 1, 2025.
On Mar. 4, SD LEG passed bill on property seller's disclosure statement
SD LEG passed bill SB 171 relating to seller's property condition disclosure statement.
Amendments to SD LEG 43-4-44 on the property condition disclosure statements.
Bill Provisions
Updated form used for the property condition disclosure statement, disclosure required by law to be completed by sellers of real property and given to potential buyers.
Added questions on property designated as historic property by local governing body.
Also question whether or not the property located within an established historic district
If a certificate of appropriateness been issued for any changes to exterior features.
Legislative History
On Jan. 30, 2025, bill was introduced in Senate; on Feb. 10, 2025, bill passed Senate.
On Feb. 11, 2025, bill was introduced in House; on Mar. 4, 2025, bill passed House.
Effectiveness
SD law sets effective date of bills passed during regular session as Jul. 1, 2025.
Mar. 31, 2025 SD LEG Governor Approval
On Mar. 31, 2025, SD LEG reported bill signed by the governor, effective Jul. 1, 2025.
Regulators
SD LEG
Entity Types
CNSM; Corp
Reference
Bill SB171, 3/31/2025; Bill SB171, 3/4/2025; Citation: SD LEG 43-4-44;
