South Dakota Codified Laws 43-8-7. Rights acquired under transfer or devise of real property–Recovery of rent–Enforcement of terms of lease–Action for waste
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A person to whom any real property is transferred or devised, upon which rent has been reserved, or to whom any such rent is transferred, is entitled to the same remedies for recovery of rent, for nonperformance of any of the terms of the lease or for any waste or cause of forfeiture, as his grantor or devisor might have had.
Terms Used In South Dakota Codified Laws 43-8-7
- Grantor: The person who establishes a trust and places property into it.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Source: CivC 1877, § 259; CL 1887, § 2775; RCivC 1903, § 282; RC 1919, § 352; SDC 1939, § 38.0407.