The South Dakota Standard One (1) Year Lease is a common form of long term lease. Unlike a Month to Month Lease, it cannot be altered or ended until it has run its course and terminated, unless it is violated or has a provision that calls for it to be changed.
Like most residential leases, the language in a One Year Lease should be clear and straightforward, laying out how much rent is, when it is due, where and in what form. A One Year Lease will also typically contain certain clauses about specific provisions and rules unique to the property. Rental laws may vary locally, so both landlord and tenants should be aware of any local statutes that may affect the property.
Note that, unlike a Month to Month lease, this form of agreement cannot be easily terminated without the lease being violated and going through the process of eviction. Since this can often be expensive or difficult and can destroy a tenant’s chances at getting another long term lease, it is recommended that the tenant complete the Rental Application Form before signing any long term lease.
All of the rental laws in South Dakota can be found in the South Dakota Codified Laws, Title 43-32-1 to 43-32-32.
- South Dakota state law requires that, if the landlord is aware that methamphetamines were at any point manufactured on the property, they disclose to any tenants or potential tenants. If the property contains 2 or more separate units, then the landlord is only required to disclose it to the tenant or potential tenant of the unit where the methamphetamines were cooked.
- Federal law requires that the landlord disclose the presence of any lead paint based hazards on or around the property.