Distribute the accepted agreement and every addendum. Time is of the essence (¶21), and the deadlines below run from the date of acceptance written at the foot of page 5.

South Dakota closes through a title company or closing agent; no attorney is required. Closing service fees are split however ¶14 says.

¶2: due on the NEXT LEGAL BANKING DAY after acceptance — the fastest earnest-money clock of any state we support. It goes into the listing or selling broker's trust account, not to an escrow company.

SDCL 43-4-38 requires it BEFORE the buyer makes a written offer, and ¶7 records the date the buyer received it. If it arrived after the offer instead, SDCL 43-4-39 gives the buyer 3 days to terminate if it was delivered in person, 6 days if it went in the mail. Check which — the delivery method changes the deadline.

¶4: the letter of the purchaser's loan status is either attached to the offer or delivered by the date written into the blank. Missing it is a live cancellation risk on the cash side and a credibility problem on the financed side.

¶4 cash branch: the verification letter is attached or delivered by the stated date, and if it is not, the agreement "at the option of Seller without notice to Purchaser may be voided". No notice, no cure period — deliver it.

¶15: the broker holds it until the sale closes. If the deal dies, Purchaser and Seller must agree IN WRITING before it is released, or it takes a court order under SDCL 36-21A-81 — nobody can hand it back unilaterally, whatever the circumstances.

¶8: applies only to homes built before 1978. Check the year built before treating it as optional.

¶4: within the number of LEGAL BANKING DAYS written into the blank after acceptance — apply, pay the application fees and sign the financing documents without delay. Legal banking days are not calendar days; a long weekend moves this.

¶9 lets the inspections cover physical, structural, mechanical, pest, geological and environmental contamination conditions. Book early — the whole window is counted in business days and it also has to contain the written notice of results.

Pest is one of the conditions ¶9 names, so it belongs inside the same business-day window as everything else.

Not named on the form, but eastern South Dakota sits in EPA Zone 1 and Sioux Falls-area results run high. If it is going to happen it has to happen inside the ¶9 window.

¶11 makes the buyer initial one of four choices — new location survey, existing location survey, new boundary survey marking the corners before closing, or other — or initial a waiver. Who pays is a separate blank. A new boundary survey has to be ordered early enough to be done BEFORE closing.

STAGE 1 of three. ¶9: the inspections must be completed AND written notice of the results given to Seller or Seller's agent within the stated BUSINESS days of acceptance. If that does not happen in time, "Purchaser's option to have the inspection(s) shall expire and all other terms of this Purchase Agreement will continue unaffected" — the deal survives, the buyer's leverage does not.

STAGE 2. ¶9 gives three ways out: the buyer accepts the condition, the seller corrects it and provides an inspector's certification that it is remedied, or the parties negotiate a settlement. The clock runs the stated business days from the DATE AND TIME the seller was notified — note that it is a time, not just a date.

STAGE 3, and the one people miss. If no written agreement is reached, the agreement may be deemed null and void at the buyer's option only within the number of HOURS written into ¶9 after the negotiation deadline. Not days. Diary the hour, not the date.

¶5 asks whether the appraisal is ordered BEFORE the home-inspection contingency is released. Ordering early risks the appraisal fee on a deal that dies at inspection; ordering late compresses the loan timeline. Confirm which box was checked.

¶5 is weaker than most states' appraisal contingencies. If the value is under the purchase price the parties "may renegotiate" — there is no automatic termination right written into the form. If the appraisal calls for repairs, the parties negotiate who does them and who pays any re-inspection fee.

The Commission form sets an application deadline but NOT a loan commitment date, so there is no printed financing deadline to fall back on. Work backwards from closing and hold the lender to it.

Title company issues the commitment / preliminary report.

Homeowner's association fees are one of the items ¶12 prorates, so the figures have to reach the closing agent in time.

¶13: merchantable title conveyed by warranty deed, with an owner's policy in the amount of the purchase price. Who pays for the policy is a BLANK on this form — check it rather than assuming the seller pays, which is what most states do.

Review the commitment; clear or resolve Schedule B exceptions.

¶6B: where the offer depends on the buyer selling their own home, the seller keeps marketing and may accept another offer. If they do, the seller gives written notice and the buyer then has the stated days to deliver a written waiver — with proof of funds — or the agreement terminates without further notice. Nothing prompts you; the notice starts the clock.

¶12 offers four bases — previous year's taxes, an agreed amount, most current county information, or a new-construction estimate — and warns that taxes may or may not be based on owner-occupied status. Owner-occupied classification can move the figure materially, so confirm which basis was checked before closing figures go out.

¶10 needs initials both ways — whether the seller provided a plan, and whether the buyer elects to purchase one — plus an acknowledgement that the broker selling it receives compensation from the provider.

Loan payoff(s) and HOA demand/estoppel received by escrow.

Seller keeps their existing coverage in force until closing (¶14), so the buyer's policy needs to attach at closing, not after.

Closing Protection Letter issued to the lender.

¶17: personal property transfers by a SEPARATE bill of sale, free of liens and without warranty of condition — it does not ride on the deed. The same paragraph asks whether the buyer compensates the seller for fuel oil or propane left in the tank on the closing date, which is a real number in a South Dakota winter.

CD (financed) or ALTA settlement statement (cash) prepared and balanced.

Lender issues clear-to-close.

Closing Disclosure delivered to buyer — starts the TRID 3-business-day clock.

Closing appointment scheduled.

¶14 gives the buyer the opportunity for a personal inspection before closing, and requires the seller to keep the property in comparable condition and to remove all personal property and refuse beforehand.

Possession is given at the time of closing (¶14) unless the parties wrote something else into ¶18.

Funds wired and confirmed received by escrow.

South Dakota requires a Certificate of Real Estate Value (form PT 56) to accompany the deed at the Register of Deeds — it carries both parties' names and addresses, the legal description and the actual consideration. Recording is refused without it, except for the listed exemptions.

Deed / mortgage recorded — county e-recording confirmation received.

Proceeds disbursed, title policy issued, escrow file closed.