21-19-20 Disputed valuation of homestead--Demand for appraisal.
Disputed valuation of homestead--Demand for appraisal.
If the debtor is the owner
of a homestead as defined by law, the creditor may take issue with the valuation thereof claimed by
the debtor. If the debtor owns such homestead, but has not made a claim for exemptions, or has not
valued such homestead in such claim, the creditor may at any time file and serve upon the debtor a
demand for appraisal of such homestead.
Source: SDC 1939 & Supp 1960, § 37.4906.