Property not subject to transfer.

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43-4-3. Property not subject to transfer.

A mere possibility, not coupled with an interest, cannot be transferred.

A mere right of reentry, or of repossession for breach of a condition subsequent, cannot be transferred to anyone except the owner of the property affected thereby.

Source: CivC 1877, §§602, 603; CL 1887, §§3225, 3226; RCivC 1903, §§918, 919; RC 1919, §§520, 521; SDC 1939, §51.1301.


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