South Dakota (SD) Tax Lien Sales

Sale Type: Tax Lien Certificates
Bid Method: Premium Bid
Sale Date(s): December
Statute Section(s): Title 10, CH 22-25
Over-the-Counter: Yes
State Website: www.sd.gov

South Dakota State Overview

In South Dakota, tax collector’s sell tax lien certificates to the winning bidders at the delinquent property tax sales. The winning bidder is the one willing to pay the most for the tax lien.

Depending on where the property is located, the homeowner has approximately three (3) or four (4) years from the date the tax lien certificate was purchased to redeem. Depending on when the homeowner redeems he or she will be charged a 10% penalty. Upon the expiration of the redemption period the investor may apply for the tax deed.

  • Tax Sale Type: Tax Lien Certificate. (Sec. 10-23-18).
  • Contact: The County Treasurer. (Sec. 10-22-21).
  • Interest Rate and/or Penalty Rate: 10% per annum. (Sec. 10-23-8).
  • Bid Procedure: Bid down interest rate. (Sec. 10-23-8).
  • Redemption Period: Depending on where the property is located, three (3) or four (4) years (see “Additional Notes”). (Sec. 10-25-1).
  • Law: South Dakota Codified Laws, Title 10, Chapter 22 – “Collection Of Delinquent Property Taxes “, Title 10, Chapter 23 – “Sale of Real Property for Taxes and Assessments”, Title 10, Chapter 24 – “Redemption from Tax Sales” and Title 10, Chapter 25 – “Tax Deeds”.

Additional Notes:

Important According to (Sec. 10-23-28.1 New  Window) ‘No Sale of tax certificates after July 1, 2006. Notwithstanding the provisions of chapters 10-23, 10-24, and 10-25, no county may sell any tax certificate after July 1, 2006, unless the board of county commissioners adopts a resolution waiving the provisions of this section that prohibit the sale of tax certificates. The county shall be the holder of any tax certificate issued by the county after July 1, 2006, unless the board of county commissioners adopts a resolution waiving the provisions of this section that prohibit the sale of tax certificates. The county treasurer shall continue to serve notice on the owner of record of the real property, publish notice, and attend to the other administrative provisions imposed by chapter 10-23, 10-24, and 10-25. Nothing in this section affects the holder of any existing tax certificate, the method in which the tax certificate is redeemed, or the sale of real property for taxes or assessments‘.

Some counties, have adopted a resolution waving the provisions of (Sec. 10-23-28.1 New  Window). Such is the case in Pennington County where third-party investors can still purchase tax lien certificates. Therefore, contact each county to find out which

State County Contact Info
SD Aurora
SD Beadle
SD Bennett
SD Bon Homme
SD Brookings
SD Brown www.brown.sd.us/treasurer.html
SD Brule
SD Buffalo
SD Butte
SD Campbell
SD Charles Mix
SD Clark
SD Clay
SD Codington
SD Corson
SD Custer
SD Davison www.davisoncounty.org/treasurer.html
SD Day
SD Deuel
SD Dewey
SD Dougals
SD Edmunds
SD Fall River
SD Faulk
SD Grant
SD Gregory
SD Haakon
SD Hamlin
SD Hand
SD Hanson
SD Harding
SD Hughes www.sdcounties.org/Hughes/index.htm
SD Hutchinson
SD Hyde
SD Jackson
SD Jerauld
SD Jones
SD Kingsbury
SD Lake
SD Lawrence www.lawrence.sd.us/treasure.htm
SD Lincoln
SD Lyman
SD Marshall
SD McCook
SD McPherson
SD Meade
SD Mellette
SD Miner
SD Minnehaha www.minnehahacounty.org/
SD Moody
SD Pennington www.co.pennington.sd.us/Treasur/treasur.html
SD Perkins
SD Potter
SD Roberts
SD Sanborn
SD Shannon
SD Spink
SD Stanley
SD Sully www.sdcounties.org/sully/Offices.htm
SD Todd
SD Tripp
SD Turner
SD Union
SD Walworth
SD Yankton
SD Ziebach

States

States that offer Over-the-Counter Tax Lien Certificates