Leasing of real property defined
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SD Code › Title 43 › Chapter 32 › Section 43-32-1
Text
Leasing is a contract by which one (the lessor or landlord) gives to another (the lessee or tenant) temporary possession and use of real property for reward and the lessee agrees to return such property to the lessor at a future time.
Source: SDC 1939, § 38.0401.
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