South Dakota Standard Residential Lease Agreement
The South Dakota Standard Residential Lease Agreement, once signed by at least one (1) landlord and one (1) tenant, binds the parties into a set of contractual obligations relating to the renting of a residential home or apartment for a single (1) year. The agreement fully complies with the South Dakota lease laws (Ch. 43-32) and includes several additional addendums and attachments, including a “Pet Agreement Addendum”, a disclosure on the production of methamphetamine, a “Crime Free Lease Addendum,” and a move out schedule.
South Dakota Landlord-Tenant Law
State Laws – Codified Laws Ann. §§ 43-32-1 to 43-32-32
Maximum Security Deposit – One (1) month’s rent, with the exception that “…a larger deposit may be agreed upon between the lessor and the lessee where special conditions pose a danger to maintenance of the premises.” (§ 43-32-6.1)
Deadline for Returning Security Deposits – Two (2) weeks. The landlord may withhold the security deposit to remedy defaults in the payment of rent or other funds, or to repair damages to the premises at the fault of the tenant. Within forty-five (45) days, the lessor is required to provide the lessee with an itemized accounting of any amount taken out of the security deposit. (§ 43-32-24)
Required Notice for Property Access – No statute.