Property Ownership

The doctrine of estoppel as applied to real estate in South Dakota prevents a party from:

ARecording a deed before paying the purchase price
BDenying a previously stated position when another party has relied on that position to their detriment✓ Correct
CMaking more than one offer on the same property simultaneously
DWithdrawing from a contract after the inspection period expires

Explanation

Estoppel prevents a party from contradicting their previous representations when another party has reasonably relied on those representations to their detriment. It promotes consistency and fairness.

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