Condition precedent in grant of real property--Performance necessary to pass estate.

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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).


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