43-12-3. Parties bound by covenants running with land.
A covenant running with the land binds those only who acquire the whole estate of the covenantor in all or some part of the property.
Source: CivC 1877, §824; CL 1887, §3448; RCivC 1903, §1141; RC 1919, §748; SDC 1939, §51.0425.