Mortgage Servicing and Loan Modifications: SOUTH DAKOTA
S.D. Codified Laws § 44-3-8
Requirements: Holder shall deliver satisfaction within thirty days of full payment. Immediately upon payment or thereafter, where mortgagor delivers written request, holder obliged to deliver within ten days of receipt of the written request a release sufficient to cancel lien. Upon noncompliance after the ten days, holder is liable for actual damages, attorney fees, and an additional $100.