South Dakota Organization Agreement with exhibit
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FAQ
The statute of limitation does have exceptions. Federal law says that the general 5-year statute of limitations applies in every case unless there is a specific code section that extends the statute of limitations for that particular offense.
In South Dakota, all misdemeanors carry a lengthy seven-year statute of limitations. Most felonies also have a seven-year statute of limitations. Class A, B, and C felonies do not have any statute of limitations.
A contract for deed is a contract where the seller remains the legal owner of the property and the buyer makes monthly payments to the seller to buy the house. The seller remains the legal owner of the property until the contract is paid.
In a few states, such as Kentucky, West Virginia, and North Carolina, there is no statute of limitations on felony charges. A few others, including South Carolina and Wyoming, have no statutes of limitations for criminal charges at all.
