South Dakota Codified Laws 43-8-2. Building and fences–Duty of life tenant to repair, and pay taxes and assessments
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The owner of a life estate must keep the building and fences in repair from ordinary waste, and must pay the taxes and other annual charges, and a just proportion of extraordinary assessments benefiting the whole inheritance.
Terms Used In South Dakota Codified Laws 43-8-2
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
Source: CivC 1877, § 271; CL 1887, § 2787; RCivC 1903, § 294; RC 1919, § 364; SDC 1939, § 51.0710.