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Statutes > South Dakota Laws > Title 43 - PROPERTY > Chapter 32 - Lease Of Real Property > Section 43-32-1 - Leasing of real property defined.

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SOUTH DAKOTA STATUTES AND CODES

Section 43-32-1 - Leasing of real property defined.

43-32-1. Leasing of real property defined. Leasing is a contract by which one (the lessor or landlord) gives to another (the lessee or tenant) temporary possession and use of real property for reward and the lessee agrees to return such property to the lessor at a future time.

Source: SDC 1939, § 38.0401.

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