43-2-16. Interest in common defined.
An interest in common is one owned by several persons not in joint ownership or partnership.
Source: CivC 1877, §178; CL 1887, §2694; RCivC 1903, §201; RC 1919, §271; SDC 1939, §51.0214.
Structure South Dakota Codified Laws
Chapter 02 - Ownership Of Property
Section 43-2-1 - Ownership defined.
Section 43-2-2 - Property and rights subject to ownership.
Section 43-2-3 - Wild animals subject to ownership.
Section 43-2-4 - Absolute or qualified ownership of property.
Section 43-2-5 - Absolute ownership of property defined.
Section 43-2-6 - Qualified ownership of property defined.
Section 43-2-7 - Public or private ownership of property--State as private proprietor.
Section 43-2-8 - Property owned by state.
Section 43-2-9 - Right of individual to take, hold, and dispose of property.
Section 43-2-10 - Sole ownership of property.
Section 43-2-11 - Ownership of property by several persons.
Section 43-2-12 - Joint tenancy interest--Title created by will or transfer.
Section 43-2-13 - Conveyance of interest in property to spouse--Joint tenancy created.
Section 43-2-14 - Conveyance to two or more grantees creating joint tenancy.
Section 43-2-15 - Partnership interest defined.
Section 43-2-16 - Interest in common defined.
Section 43-2-17 - Interest created in several persons in their own right as interest in common.