A lease is terminated:

(1) By the expiration of the agreed term;

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Terms Used In South Dakota Codified Laws 43-32-22

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

(2) By the mutual consent of the parties;

(3) By the tenant acquiring a title to the leased premises superior to that of the landlord.

Source: SDC 1939, § 38.0423.