South Dakota Codified Laws 5-29-12. Lease period limit
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No lease granted pursuant to this chapter may have a duration exceeding ninety-nine years.
Terms Used In South Dakota Codified Laws 5-29-12
- 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
Source: SL 2012, ch 46, § 12.