A subsequent lessee or a purchaser of the land shall pay the prior lessee the reasonable value of improvements erected by him within permission of the board of county commissioners, that are not physically capable of removal, and such payment shall be made before a lease, contract of purchase, or deed is issued to such subsequent lessee or purchaser. The value of the improvements shall be determined as of the date of such lease, contract of purchase, or deed.
S.D. Codified Laws § 7-31-9
Payment to lessee for improvements not capable of removal--Time of valuation
Known as the County Land Administration and Management Law
The act spans §§ 7–7 (41 sections).
Source: SL 1939, ch 25, § 9; SDC Supp 1960, § 12.3412.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.