Statutes, codes, and regulations
South Dakota Codified Laws
Title 43 - PROPERTY
Chapter 3 - PRESENT AND FUTURE INTERESTS IN PROPERTY
Section 43-3-7 - Present or future interest-Time of enjoyment-Right to possession of property

S.D. Codified Laws § 43-3-7

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Current through the 2024 Legislative Session
Section 43-3-7 - Present or future interest-Time of enjoyment-Right to possession of property

In respect to the time of enjoyment, an interest in property is either present or future.

A present interest entitles the owner to the immediate possession of the property.

A future interest entitles the owner to the possession of the property only at a future period.

SDCL 43-3-7

CivC 1877, §§ 180 to 182; CL 1887, §§ 2696 to 2698; RCivC 1903, §§ 203 to 205; RC 1919, §§ 273 to 275; SDC 1939, § 51.0215.