Contracts
In South Dakota real estate, when a seller 'accepts' a buyer's offer, the acceptance must be:
AVerbal acceptance followed by written confirmation within 24 hours
BCommunicated to the buyer (or buyer's agent) to form a binding contract✓ Correct
CFiled with the SDREC within 3 business days
DNotarized and recorded to be legally binding
Explanation
An acceptance creates a binding contract only when communicated to the offeror (or their agent). Signing the acceptance but not communicating it does not form a contract.
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