43-12-4. Covenants running with land--Limitation to certain assigns.
A covenant for the addition of some new thing to real property, or for the direct benefit of some part of the property not then in existence or annexed thereto, when contained in a grant of an estate in such property, and made by the covenantor expressly for his assigns, or to the assigns of the covenantee, runs with the land so far only as the assigns thus mentioned are concerned.
Source: CivC 1877, §823; CL 1887, §3447; RCivC 1903, §1140; RC 1919, §747; SDC 1939, §51.0426.
Structure South Dakota Codified Laws
Chapter 12 - Real Property Covenants
Section 43-12-1 - Covenants running with land defined.
Section 43-12-2 - Classification of covenants running with land.
Section 43-12-3 - Parties bound by covenants running with land.
Section 43-12-4 - Covenants running with land--Limitation to certain assigns.
Section 43-12-5 - Liability for breach of covenant running with land.