South Dakota § 43-4-37 Definition of terms for required disclosures in certain real estate transfers.

South Dakota Statutes

§ 43-4-37 — Definition of terms for required disclosures in certain real estate transfers.

South Dakota § 43-4-37

Title 43PROPERTY

Ch. 43-3TRANSFER OF PROPERTY

This text of South Dakota § 43-4-37 (Definition of terms for required disclosures in certain real estate transfers.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 43-4-37 (2026).

Text

Terms used in §§ 43-4-38 to 43-4-44 , inclusive, mean:

(1)"Buyer," a person negotiating or attempting to become an owner of residential real property by means of a transfer which is subject to §§ 43-4-38 to 43-4-44 , inclusive;

(2)"Disclosure statement," the property condition disclosure statement as provided in § 43-4-44 ;

(3)"Residential real property," all residential real property consisting of not more than four family dwelling units, all of which are contained in one structure;

(4)"Seller," an owner of residential real property;

(5)"Transfer," a sale, exchange, installment sale contract, lease with an option to purchase, other option to purchase, or a ground lease coupled with improvements.

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Terms used in §§ 43-4-38 to 43-4-44 , inclusive, mean: (1) "Buyer," a person negotiating or attempting to become an owner of residential real property by means of a transfer which is subject to §§ 43-4-38 to 43-4-44 , inclusive; (2) "Disclosure statement," the property condition disclosure statement as provided in § 43-4-44 ; (3) "Residential real property," all residential real property consisting of not more than four family dwelling units, all of which are contained in one structure; (4) "Seller," an owner of residential real property; (5) "Transfer," a sale, exchange, installment sale contract, lease with an option to purchase, other option to purchase, or a ground lease coupled with improvements.