<html> <head> <title>Rule 20:36:07:02 Title search requirements.</title> <META NAME="Keywords" Content="Administrative Rules 20:36:07:02"> <META NAME="Description" Content="Administrative Rules 20:36:07:02 Title search requirements."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>20:36:07:02.&nbsp;&nbsp;Title search requirements.</b> The title search required for a commitment for or policy of title insurance shall be made under the direction of an abstracter licensed in the county in which the property is located, who shall countersign the title insurance policy pursuant to SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-25-16">58-25-16.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The results of the search shall be forwarded to the agent or company that is to issue the policy in the same order of business as is normally conducted by the abstracter. Delays in the search or reporting shall be cause for complaint and disciplinary proceedings by the abstracter's board of examiners.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 7 SDR 72, effective February 1, 1981; 12 SDR 151, 12 SDR 155, effective July 1, 1986.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-13-6">36-13-6</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-13-25">36-13-25.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-13-13">36-13-13</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-13-25">36-13-25</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=36-13-26.1">36-13-26.1</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=58-25-16">58-25-16.</A></p> </div> </body> </html>