S.D. Admin. R. 64:28:13:06

Current through Register Vol. 51, page 67, December 16, 2024

Section 64:28:13:06 - Assignment from joint ownership

Assignment from joint ownership shall be completed from the joint owners of record to the new purchaser as follows:

(1) "John Doe or Mary Doe" may be assigned by either;

(2) "John Doe and Mary Doe" shall be assigned by both;

(3) "John Doe and Mary Doe, with right of survivorship (WROS)" shall be assigned by both. However, on the death of one, ownership may be assigned by a survivor if a certified copy of the death certificate is attached to the certificate of title.

Each document issued with the joint ownership shown as "and/or" shall be construed as "or".

Any owner changing the type of joint ownership shall assign the certificate of title in the manner specified in SDCL chapter 32-3 and present it for transfer with the fee required by SDCL 32-3-18.

S.D. Admin. R. 64:28:13:06

SL 1975, ch 16, § 1; 8 SDR 87, 8 SDR 134, effective 7/1/1982; transferred from § 61:02:14:08, 12 SDR 111, effective 1/12/1986; 13 SDR 129, 13 SDR 134, effective 7/1/1987; 16 SDR 76, effective 11/1/1989; 17 SDR 4, effective 7/18/1990; 24 SDR 180, effective 7/1/1998.

General Authority: SDCL 32-3-57.

Law Implemented: SDCL 32-3-6, 32-3-57.