Section 43-25-16 - Condition precedent in grant of real property--Performance necessary to pass estate

43-25-16. Condition precedent in grant of real property--Performance necessary to pass estate.An instrument purporting to be a grant of real property, to take effect upon condition precedent, passes the estate upon the performance of the condition. Source: CivC 1877, §633, subdiv 3; CL 1887, §3254, subdiv 3; RCivC 1903, §947, subdiv 3; RC 1919, §555 (3); SDC 1939, §51.1414 (3).