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South Dakota Homestead Exemption

The Homestead is absolutely exempt.  When the Homestead is sold there is a $30,000 exemption for one year from the date of sale.  If the Homestead owner is 70 years of age or older or is the “unremarried” surviving spouse of the Homestead owner there is an exemption of $170,000  so long as the real property retains its Homestead classification.  To see this statute, click here.