Whenever a developer, the sole owner, or the co-owners of a building or buildings expressly declare, through the recordation of a master deed or lease, which shall set forth the particulars enumerated by § 43-15A-4, their desire to submit their property to the formation of a condominium established by this chapter, there shall be thereby established a condominium project.
S.D. Codified Laws § 43-15A-3
Establishment of condominium project--Master deed or lease
Applied in 1 court decision — leading case KEYSTONE PLAZA CONDOMINIUMS ASSOCIATION v. Eastep (2004)
Most recently applied in KEYSTONE PLAZA CONDOMINIUMS ASSOCIATION v. Eastep (March 2004)
Source: SL 1975, ch 270, § 2.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.