South Dakota Codified Laws 43-11-25. Transfer of power of owner of life estate to make leases
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The power of the owner of a life estate to make leases is not transferable as a separate interest, but is annexed to his estate and will pass unless specially excepted by any grant of such estate. If specially excepted in any such grant, it is extinguished.
Terms Used In South Dakota Codified Laws 43-11-25
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
Source: CivC 1877, § 344; CL 1887, § 2860; RCivC 1903, § 367; RC 1919, § 434; SDC 1939, § 59.0447.