AI South Dakota Property Disclosure Statement

> South Dakota Property Disclosure Statement: provide property history and known issues to generate a complete South Dakota seller disclosure of property condition in minutes, using the state-prescribed form structure per SDCL §§ 43-4-38 through 43-4-44, with 5-business-day buyer rescission right. Free AI workflow, no signup required to preview., -

SOUTH DAKOTA DISCLOSURE OF PROPERTY CONDITION

Seller(s): [[Seller Full Name(s)]]
Property Address: [[Street Address]]
[[City]], South Dakota [[ZIP Code]]
Legal Description (if known): [[Legal Description or "See attached deed/exhibit"]]

Date of Disclosure: [[Disclosure Date]], -

IMPORTANT NOTICE TO BUYER AND SELLER

Pursuant to South Dakota Codified Laws §§ 43-4-38 through 43-4-44 (Seller Disclosure of Property Condition), a seller of residential real property consisting of one to four dwelling units must disclose to the buyer all known material defects affecting the property. This disclosure must be provided to the buyer before or at the time the purchase agreement is executed.

Buyer’s Right to Rescind: The buyer has five (5) business days after receipt of this disclosure to rescind the purchase offer based on the contents of this disclosure. Rescission must be in writing and delivered to the seller or seller’s agent within that period.

Exemptions: This disclosure requirement does not apply to: foreclosure sales, sales by a personal representative of an estate, transfers between co-owners, transfers to a spouse or to a person in the lineal line of consanguinity, or certain other exempt transfers listed in SDCL § 43-4-44.

Seller Instructions: Answer each item to the best of your actual knowledge. "Unknown" or "None" are acceptable where applicable. Attach additional pages or reports as needed. Do not conceal known defects., -

1. GENERAL PROPERTY INFORMATION

Year built: [[Year Built]]
Approximate square footage: [[Sq Ft]]
Number of bedrooms / bathrooms: [[Bedrooms]] / [[Bathrooms]]
Type of construction: [[Wood frame / Masonry / Other]]
Sewer system: [[Public / Private septic]]
Water source: [[Public / Private well]]
Heating system: [[[[Heating Type]]]]
Cooling system: [[[[Cooling Type]]]]

Is the property located in a homeowners association (HOA) or subject to covenants? [[Yes / No]]
If yes, HOA name/contact and assessments: [[HOA Details or N/A]], -

2. STRUCTURAL AND FOUNDATION

To the best of Seller’s knowledge:

- Any known structural defects, cracks in foundation, settling, or movement? [[Yes, describe / No]]
Details: [[Description of known issues or "None known"]]

- Any known roof defects, leaks, or recent repairs/replacements? [[Yes, age of roof, material, issues / No]]
Roof age/material: [[Roof Age and Type]]

• Any known defects in exterior walls, siding, windows, or doors? [[Yes, describe / No]], -

3. PLUMBING, ELECTRICAL, HVAC, AND APPLIANCES

• Any known plumbing defects (pipes, fixtures, water heater, sump pump, septic)? [[Yes, describe / No]]

• Any known electrical defects or code violations? [[Yes, describe / No]]

• Any known defects in heating, ventilation, or air conditioning systems? [[Yes, describe / No]]

• Any appliances included that are not in working order? [[Yes, list / No]], -

4. WATER, SEWER, DRAINAGE, AND ENVIRONMENTAL

• Any known water intrusion, flooding, moisture, or drainage problems (basement, crawlspace, yard)? [[Yes, describe frequency and location / No]]

• Any known problems with well or septic system? [[Yes, describe / No]]

• Any known environmental issues (asbestos, lead paint, mold, radon, underground storage tanks, hazardous materials, contaminated soil/water)? [[Yes, describe / No]]

- Is the property in a flood zone or special flood hazard area? [[Yes / No / Unknown]]
Flood insurance required or in place? [[Yes / No]]

• Any known soil or drainage problems affecting the property? [[Yes, describe / No]], -

5. PESTS AND WOOD-DESTROYING INSECTS

• Any known current or past infestation or damage by termites, carpenter ants, rodents, or other pests? [[Yes, describe treatment history / No]]

• Any known wood-destroying insect inspection or treatment reports available? [[Yes, attach / No]], -

6. SYSTEMS, UTILITIES, AND IMPROVEMENTS

• Any known defects in septic, sewer, or private water systems? [[Yes, describe / No]]

• Any known problems with electrical service, panels, or wiring? [[Yes, describe / No]]

• Any recent major improvements or repairs (roof, furnace, septic, foundation)? [[Yes, list with dates and permits if known / No]]

• Any unpermitted work or additions? [[Yes, describe / No]], -

7. LEGAL AND TITLE MATTERS

• Any known encroachments, boundary disputes, easements, or shared driveways? [[Yes, describe / No]]

• Any known violations of zoning, building codes, or HOA rules? [[Yes, describe / No]]

• Any known pending or threatened legal proceedings affecting the property? [[Yes, describe / No]]

• Any known special assessments or liens (other than standard mortgage)? [[Yes, describe / No]], -

8. LEAD-BASED PAINT DISCLOSURE (for pre-1978 housing only)

If the dwelling was built before 1978:

Seller has actual knowledge of lead-based paint and/or lead-based paint hazards in the housing: [[Yes, describe known locations / No / Housing built 1978 or later, N/A]]

Seller has provided the buyer with all available records and reports pertaining to lead-based paint and/or lead-based paint hazards: [[Yes, list attached / No / N/A]]

Buyer acknowledges receipt of the federal lead-based paint disclosure pamphlet and any provided records., -

9. SELLER’S ADDITIONAL DISCLOSURES AND EXPLANATIONS

Use this space (or attach pages) to disclose any other known material defects or conditions that may affect the value, desirability, or safety of the property, including but not limited to: noise, odors, neighboring land uses, insurance claims history, or prior insurance denials.

Additional Known Material Defects or Conditions:

[[Detailed description or "None known beyond the items listed above."]], -

10. BUYER ACKNOWLEDGMENT AND RESCISSION RIGHT

Buyer acknowledges that:

• Buyer has received this disclosure statement.

• Buyer has had the opportunity to conduct independent inspections.

• The information in this disclosure is based on Seller’s actual knowledge and is not a warranty or guarantee.

• Buyer has five (5) business days from receipt of this disclosure to rescind the purchase agreement in writing if Buyer finds the disclosure unsatisfactory.

Buyer Signature(s) acknowledging receipt:

Buyer 1: ______________________________ Date Received: ___________ [[Buyer Full Name 1]]

Buyer 2: ______________________________ Date Received: ___________ [[Buyer Full Name 2]], -

11. SELLER CERTIFICATION

Seller certifies that the information provided in this disclosure is true and complete to the best of Seller’s actual knowledge as of the date signed. Seller agrees to promptly update this disclosure if any new material information becomes known before closing.

Seller Signature(s):

Seller 1: ______________________________ Date: ___________ [[Seller Full Name(s)]]

Seller 2: ______________________________ Date: ___________, -

EXHIBITS / ATTACHMENTS (check all that apply)

• [ ] Prior inspection reports

• [ ] Repair invoices / permits

• [ ] HOA documents / rules

• [ ] Lead-based paint records

• [ ] Well / septic test results

• [ ] Other: [[Describe]], -

> ⚠️ Template example, not professional (legal/financial/medical) advice. This document follows the structure and requirements of the South Dakota seller disclosure of property condition under SDCL §§ 43-4-38 to 43-4-44. It is not a substitute for legal advice or a professional home inspection. Sellers must disclose known material defects; failure to do so may result in liability. Buyers should obtain independent inspections. Verify current law and use official forms where prescribed. `[[Token Name]]` placeholders represent user-provided values., -

Sources / As of date: South Dakota Codified Laws §§ 43-4-38 through 43-4-44 (Seller Disclosure of Property Condition), as of June 2026. Disclosure required before or at purchase agreement execution; buyer has five business days to rescind. Exemptions listed in § 43-4-44. Always confirm with the current official code and any local requirements.