Purchase price of real property--Special or vendor's lien.

  1. Law
  2. South Dakota Codified Laws
  3. Liens
  4. Vendor's And Vendee's Liens
  5. Purchase price of real property--Special or vendor's lien.

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44-6-1. Purchase price of real property--Special or vendor's lien.

One who sells real property has a special or vendor's lien thereon, independent of possession, for so much of the price as remains unpaid and unsecured otherwise than by the personal obligation of the buyer.

Source: CivC 1877, §1801; CL 1887, §4436; RCivC 1903, §2148; RC 1919, §1689; SDC 1939, §39.0601.


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