Title 36 · Real Estate Licensing

Real estate and realty defined.

Citation: SDCL 36-21A-11

Section: 36-21A-11

For the purposes of this chapter, real estate or realty is any interest or estate in real property or the property's improvements or fixtures whether corporeal, incorporeal, freehold or nonfreehold, and whether the real property is situated in this state or elsewhere, and includes leaseholds, condominiums, air rights and mineral rights.