Property Ownership
In South Dakota, the legal concept of 'after-acquired title' means that:
AA buyer can purchase property after their offer has already been accepted
BIf a grantor grants title they do not have, any title they subsequently acquire automatically inures (transfers) to the grantee✓ Correct
CA property owner acquires additional rights after holding the property for 20 years
DTitle acquired after foreclosure carries additional encumbrances
Explanation
The doctrine of after-acquired title (also called estoppel by deed) provides that if a grantor conveys property they do not yet own, and they subsequently acquire title to that property, the title automatically inures (passes) to the grantee. This prevents the grantor from benefiting from a prior defective conveyance.
Related South Dakota Property Ownership Questions
- A South Dakota property owner can limit the use of their land by conveying a 'deed restriction' or 'restrictive covenant.' These restrictions are:
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- A life estate grants the life tenant the right to:
- In South Dakota, if a property owner dies without a will (intestate), the property passes under:
- South Dakota agricultural land is most commonly described using which legal description system?
- In South Dakota, tribal lands on Lakota Sioux reservations are generally:
- Which form of co-ownership includes the right of survivorship?
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