Property Ownership
In South Dakota, a 'survey exception' in a title insurance policy means the policy:
ACovers all survey-related defects
BDoes not cover claims that an accurate survey would reveal (like encroachments)✓ Correct
CProvides a discount for properties with recent surveys
DExcludes coverage for properties without a survey
Explanation
A standard title policy's survey exception excludes claims that a current, accurate survey would disclose, such as encroachments, boundary disputes, or improvements on neighboring property. Extended coverage or a survey endorsement removes this exception.
Related South Dakota Property Ownership Questions
- South Dakota's homestead exemption protects a homeowner's primary residence from:
- In South Dakota, 'constructive notice' of a property interest occurs when:
- A South Dakota property held in a revocable living trust avoids probate because:
- In South Dakota, the 'doctrine of merger' in real estate means:
- An appurtenant easement in South Dakota 'runs with the land,' meaning:
- In South Dakota, when a property is held in a trust, the trustee's authority is defined by:
- A life estate in South Dakota grants the life tenant the right to:
- In South Dakota, if a property owner dies without a will (intestate), the property passes under:
Practice More South Dakota Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free South Dakota Quiz →