43-25-31. Conveyances by owner for life or for years.
A grant, made by the owner of an estate for life or years, purporting to transfer a greater estate than he could lawfully transfer, does not work a forfeiture of his estate, but passes to the grantee all the estate which the grantor could lawfully transfer.
Source: CivC 1877, §630; CL 1887, §3251; RCivC 1903, §944; RC 1919, §552; SDC 1939, §51.1411.