58-27-33. Improved real property defined.For the purposes of §58-27-32, 'improved real property' shall constitute only farm lands used for tillage, crop or pasture, and real estate on which permanent improvements, or improvements under construction or in process of construction, suitable for residence, institutional, commercial, or industrial use, are situated. Source: SL 1966, ch 111, ch 6, §27.
South Dakota Legal Code