South Dakota Landlord Tenant Commercial Package

State:
Multi-State
Control #:
US-AB4-PKG
Format:
Word; 
Rich Text; 
PDF
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Description

These forms are essential to anyone leasing or managing commercial real estate. Get all the forms in one package, all in Microsoft Word format so that you can customize and modify the forms as often as necessary. The following forms are included: Sublease Agreement, Notice from Lessor to Lessee's Requesting an Extension or Renewal of Lease Agreement, Expansion Option Clause, Office Space Lease Agreement, Notice To Tenants Announcing Rent Increase, Three Day Notice to Pay Rent or Surrender Possession of Premises, Short Form Landlord Consent  Assignment of Office Lease, Landlord Consent to Sublease, Checklist of Matters to be Considered in Drafting a Lease of a Commercial Building, Assignment of Lease by Lessee with Consent of Lessor, Amended Lease - Amendment for Office Building, Commercial Lease Extension, and Building Operating Cost Addendum.
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FAQ

Termination for Non-payment of Rent: South Dakota law requires that a landlord give a tenant a minimum of three days in which to pay the outstanding rent or move out of the premises.

If you end your lease early under South Dakota's housing law you cannot be charged early termination fees or rent for the months after you move out. However, if you damaged the property or if you owe any back rent prior to leaving the property, you would still owe the landlord money to pay for the damage or back rent.

South Dakota Renters' Rights and Landlord Responsibilities Repairs ? Landlords must keep the units fit for habitation. They are also required to make repairs within a timely manner, although state law doesn't give a specific time frame.

A triple net lease (NNN) assigns sole responsibility to the tenant for all costs relating to the asset being leased, in addition to rent. A double net lease makes the tenant responsible for both property taxes and insurance premiums due.

Except in case of an emergency or if it is impracticable to do so, a landlord or landlord's agent shall give the tenant reasonable notice of the landlord's intent to enter and enter only at reasonable times.

Every lessor of residential premises shall, within two weeks after the termination of the tenancy and receipt of the tenant's mailing address or delivery instructions, return the security deposit to the tenant, or furnish to the tenant, a written statement showing the specific reason for the withholding of the deposit ...

Because South Dakota does not have rent control, landlords can raise the rent by any amount, as often as they choose, but they cannot increase the rent during the lease term unless the lease agreement allows for it.

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South Dakota Landlord Tenant Commercial Package