South Dakota Statutes
§ 43-4-20 — Definition of terms.
Terms used in §§ to 43-4-26 , inclusive, mean:
(1)"Consideration," any type of property or thing of legal value, whether delivered in the past, present, or to be delivered in the future. The term includes like-kind exchanges of property;
(2)"Deed," any instrument for the purpose of transferring or conveying the fee title to real property;
(3)"Register," the register of deeds of any county in the State of South Dakota; and (4) "Value," in the case of any deed not a gift, the amount of the full consideration therefor paid, or to be paid.
Free access — add to your briefcase to read the full text and ask questions with AI
South Dakota § 43-4-20 (Definition of terms.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1968, ch 27, § 1; SL 1987, ch 314; SL 2007, ch 248, § 1.
Nearby Sections
15
§ 43-1-1
Property defined.§ 43-1-2
Classes of property.§ 43-1-4
Land as solid material of earth.§ 43-1-6
Law governing real property.§ 43-1-7
Law governing personal property.§ 43-10-13
Repealed§ 43-11-10
Power in trust defined.§ 43-11-11
General power in trust defined.§ 43-11-12
Special power in trust defined.§ 43-11-13
Capacity to create power.§ 43-11-14
Manner of creating power.§ 43-11-15
Vesting of power.