SDCL § 43-4-20: Definition of terms.

Terms used in §§ 43-4-20 to 43-4-26, inclusive, mean:

(1) "Consideration," any type of property or thing of legal value, whether delivered in the past, present, or to be delivered in the future. The term includes like-kind exchanges of property;

(2) "Deed," any instrument for the purpose of transferring or conveying the fee title to real property;

(3) "Register," the register of deeds of any county in the State of South Dakota; and

(4) "Value," in the case of any deed not a gift, the amount of the full consideration therefor paid, or to be paid.