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South Dakota Repo Laws - Repossession Laws

 

 

Because the Repo Laws - Repossession Laws may change from time to time, please check the South Dakota Courts website for updated and complete Repo Laws - Repossession Laws in South Dakota.

 


 

Repo Laws - Repossession Laws in South Dakota:

 

Where do I refer to for Title or License Registration?

For state Title and License Information, refer to:

 

South Dakota Division of Motor Vehicles

118 W. Capitol Avenue

Pierre, South Dakota 57501-2080

 

Telephone: (605) 773-3541

 

Fee for search of records is $1.00.

Security Interests:

Shown on title held by lienholder.

 

Recording Requirements:

Per the Uniform Commercial Code adopted July, 1967: Recorded with County Registrar of Deeds.

Recovery Requirements:

As per the UCC, repossession is allowed and permitted as long as it is peaceful.

Redemption Requirements:

None after resale by lienholder.

Deficiency Requirements:

If lien instrument provides.

Special Motor Vehicle Provisions:

Lien instrument and certificate of title is delivered to the County Registrar of Deeds and the lien is noted on the title when the lien instrument is filed.

Documents Required to Transfer Ownership of Motor Vehicle:

Certificate of title with lien release, certified copy of contract, affidavit of repossession and application for South Dakota title or certified Power of Attorney.

 

Documents Required for Liquidation:

Repossession title in name of lienholder. To obtain, need repossession affidavit and copy of contract.

 

Plates:

Remain with the vehicle.

 

All recovery requirements and fees are current as of 2002.

 


 

Repo-Laws.com does not warrant the accuracy of these Repo Laws - Repossession Laws or recovery requirements. The Repo Laws - Repossession Laws or recovery requirements listed on Repo-Laws.com are only a starting point for reference, and are not meant to be legal advice or a replacement for legal console. Please consult a repo company in your area, county, or state if you have any questions about repossession there.

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