<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 55-4-51.3 - Form of certificate of trust in support of a real property transaction. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2072750Normal { 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.s2072750SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2072750CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2072750Normal-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.s2072750DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2072750DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: italic; font-weight: normal; margin: 0; padding: 0; } span.s2072750CLP { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2072750000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2072750Normal-000003 { margin-top: 0; margin-bottom: 0; margin-left: 2.50in; text-indent: -2.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-right: 0; } p.s2072750Normal-000004 { margin-top: 0; margin-bottom: 0; text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2072750SL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2072750DefaultParagraphFont-000005 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2072750Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=55-4-51.3"><span class="s2072750SENU">55-4-51.3</span></a><span xml:space="preserve" class="s2072750SENU">. </span><span class="s2072750CL">Form of certificate of trust in support of a real property transaction.</span></p><p dir="ltr" class="s2072750Normal-000000"><span class="s2072750DefaultParagraphFont">A certificate of a trustee or of trustees of a trust in support of a real property transaction may be substantially in the following form:</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont-000001">This instrument was prepared by:</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">____________________</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">____________________</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">____________________</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont-000001">(insert name, address and phone number)</span></p><p dir="ltr" class="s2072750Normal"><span xml:space="preserve" class="s2072750CLP">    CERTIFICATE</span></p><p dir="ltr" class="s2072750Normal"><span xml:space="preserve" class="s2072750CLP">    OF TRUST</span></p><p dir="ltr" class="s2072750Normal"><span xml:space="preserve" class="s2072750000002"> </span></p><p dir="ltr" class="s2072750Normal-000003"><span class="s2072750DefaultParagraphFont">STATE OF SOUTH DAKOTA    )</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">: SS</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">COUNTY OF)</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">______________________, being duly sworn under oath, does hereby state as follows:</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">1. A trust instrument or Will executed on __________ established a trust which is still in existence on the date this Certificate is signed. The current name of the trust, if it has been named, is ___________________________. (Insert n/a if the Trust does not have a name). The name of the trust was/was not changed. If the name of the trust was changed, it was previously known as ___________________________.</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">2. The name of the settlor, grantor, trustor, testator or testatrix, as the case may be, is</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">______________________________________________________________________.</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">3. The name of each original trustee and the name and address of each trustee and each trust protector currently empowered to act under the trust instrument or Will on the date of the execution of this Certificate of Trust is as follows:</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">______________________________________________________________________</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">______________________________________________________________________.</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">4. The person who signs this certificate below certifies that the trust instrument or Will contains the following powers which are given to the trustee, which may or may not be inclusive of all of the powers given to the trustee:</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">______________________________________________________________________,</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">______________________________________________________________________,</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">and further contains the following provisions (optional):</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">______________________________________________________________________.</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">The number of trustees required to join in an action by the provisions of the trust instrument or Will is __________.</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">5. The trust is revocable/irrevocable. ____________________.</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">If revocable, the trust has not been revoked.</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">6. The trust is/is not supervised by a court. The following restrictions are currently imposed by the court on the trustee(s) ability to act even though actions so restricted may be permitted by statute or the terms of the trust instrument or Will:</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">______________________________________________________________________.</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">7. The Trustee intends to convey the following property owned by the Trust:</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">______________________________________________________________________.</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">8. The trust has not been modified or amended in any manner that would cause the representations contained in this Certificate of Trust to be incorrect. The statements contained in this Certificate of Trust are true and correct.</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750SL">__________</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">STATE OF SOUTH DAKOTA)</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">: SS</span></p><p dir="ltr" class="s2072750Normal"><span xml:space="preserve" class="s2072750000002"> </span></p></div><div><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont">COUNTY OF)</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">On this, the _____ day of __________, 20_____, before me, the undersigned officer, personally appeared, known to me or satisfactorily proven to be the person whose name is subscribed to the within instrument and acknowledged that she/he executed the same for the purposes therein contained.</span></p><p dir="ltr" class="s2072750Normal-000004"><span class="s2072750DefaultParagraphFont">IN WITNESS WHEREOF, I hereunto set my hand and official seal.</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750SL">__________</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750SL">Notary Public, South Dakota</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750SL">My Commission expires: __________</span></p><p dir="ltr" class="s2072750Normal"><span class="s2072750DefaultParagraphFont-000005">Source:</span><span xml:space="preserve" class="s2072750DefaultParagraphFont"> SL 2010, ch 232, § 10; SL 2011, ch 212, § 16.</span></p></div></body></html>