43-7-2. Classification of estates in real property.
Estates of inheritance and for life are called estates of freehold; estates for years are chattels real; and estates at will are chattel interests, but are not liable as such to sale on execution.
Source: CivC 1877, §222; CL 1887, §2738; RCivC 1903, §245; RC 1919, §315; SDC 1939, §51.0403.
Structure South Dakota Codified Laws
Chapter 07 - Estates In Real Property
Section 43-7-1 - Duration of enjoyment of estates in real property.
Section 43-7-2 - Classification of estates in real property.
Section 43-7-3 - Estate of inheritance--Fee simple or absolute fee.
Section 43-7-4 - Abolishment of estates tail--Fee tail is now a fee simple.
Section 43-7-6 - Estate during life of a third person is a freehold.