State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-01 > Statute-55-1-10

55-1-10. Transfer of real property to one for money paid by another--Trust presumed. When a transfer of real property is made to one person and the consideration therefor is paid by or for another, a trust is presumed to result in favor of the person by or for whom such payment is made.

Source: SDC 1939, § 59.0102 (4).

State Codes and Statutes

Statutes > South-dakota > Title-55 > Chapter-01 > Statute-55-1-10

55-1-10. Transfer of real property to one for money paid by another--Trust presumed. When a transfer of real property is made to one person and the consideration therefor is paid by or for another, a trust is presumed to result in favor of the person by or for whom such payment is made.

Source: SDC 1939, § 59.0102 (4).