§ 45-7-1 Discharge and cancellation of record of lease–Marginal entry on record
§ 45-7-2 Discharge and cancellation by endorsement on original lease–Entry on margin of record
§ 45-7-3 Expiration or forfeiture of lease–Release of record
§ 45-7-4 Demand for release–Service upon lease owner of record–Form
§ 45-7-5 Affidavit as to demand for release–Filing with register of deeds
§ 45-7-6 Action by owner of lease to determine rights–Lis pendens notice–Affidavit as to demandfor release not recorded
§ 45-7-7 Affidavit as to demand for release–Recording by register of deeds, effect
§ 45-7-8 Action to obtain release–Damages–Attorney fees
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Terms Used In South Dakota Codified Laws > Title 45 > Chapter 7 - Mineral, Oil and Gas Leases

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • 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
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2