§ 43-26-1 Agreement to sell real property binds seller
§ 43-26-2 Agreement by seller of real property to give usual covenants–Delivery and form ofwarranty deed
§ 43-26-3 Substance of usual covenants under agreement to sell real property where standard formof deed not delivered
§ 43-26-4 Agreement of joint tenants to sell real property–Joint tenancy interest not destroyed–Exception
§ 43-26-5 Rights and duties of parties as to risk of loss under contract
§ 43-26-6 Subject matter of contract for purchase and sale of realty not transferred–Destructionwithout fault of purchaser–Taking by eminent domain–Contract unenforceable–Recoveryof purc
§ 43-26-7 Transfer of subject matter of contract for purchase and sale of realty–Destruction withoutfault of vendor–Taking by eminent domain–Payment of purchase price
§ 43-26-8 Interpretation and construction of risk of loss provisions
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Terms Used In South Dakota Codified Laws > Title 43 > Chapter 26 - Real Estate Sale Contracts

  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.