Finance
South Dakota uses which foreclosure method as its primary process?
AJudicial foreclosure only
BNon-judicial (deed of trust) foreclosure✓ Correct
CStrict foreclosure
DForfeiture of contract for deed
Explanation
South Dakota recognizes deeds of trust, allowing non-judicial (trustee's sale) foreclosure. This process is typically faster than judicial foreclosure and does not require court action.
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