<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-4-40 - Liability for defect disclosed in statement. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2065008Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2065008SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2065008CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2065008Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2065008DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2065008000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2065008SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2065008SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2065008Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=43-4-40"><span class="s2065008SENU">43-4-40</span></a><span xml:space="preserve" class="s2065008SENU">. </span><span class="s2065008CL">Liability for defect disclosed in statement.</span></p><p dir="ltr" class="s2065008Normal-000000"><span xml:space="preserve" class="s2065008DefaultParagraphFont">Except as provided in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=43-4-42"><span class="s2065008DefaultParagraphFont">43-4-42</span></a><span class="s2065008DefaultParagraphFont">, a seller is not liable for a defect or other condition in the residential real property being transferred if the seller truthfully completes the disclosure statement.</span></p><p dir="ltr" class="s2065008Normal"><span xml:space="preserve" class="s2065008000001"> </span></p><p dir="ltr" class="s2065008Normal"><span class="s2065008SCL">Source:</span><span xml:space="preserve" class="s2065008SCL-000002"> SL 1993, ch 325, § 4; SL 1994, ch 337, § 3.</span></p></div></body></html>