§ 43-15a-1

43-15A-1. Definition of terms.Terms as used in this chapter mean:(1)'Commission,' the South Dakota Real Estate Commission;(2)'Co-owner,' any person, firm, corporation, limited liability company, partnership, association, trust, or legal entity, or any combination thereof who owns a condominium within the project;(3)'Council of co-owners,' all co-owners of the condominium;(4)'Master deed' or 'master lease,' the deed or lease recording the property of the condominium;(5)'Project,' the entire parcel of real property divided or to be divided into condominiums, including all structures on the property;(6)'Property,' land whether leasehold or fee simple and the buildings or building, all improvements and structures on the land and all easements, rights and appurtenances belonging to the land;(7)'To record,' to record pursuant to the laws of this state relating to the recordation of deeds. Source: SL 1975, ch 270, §1; SL 1986, ch 302, §79; SL 1994, ch 351, §101.