South Dakota Standard Residential Lease Agreement Template
The South Dakota standard residential lease agreement is a written contract between a property owner and/or manager and an individual looking to rent an apartment, house, or other residential space. The document specifies the terms and conditions between the parties including rent amount, payment date, lease term, security deposit, tenant responsibilities, etc. Before signing the document, the tenant and landlord should negotiate the terms so the rental arrangement is fair to both parties. One (1) year is the standard term for a residential lease agreement, but the parties may decide on a different lease period.
Laws – § 43-32