South Dakota Memorandum of Lease (Wireless Communication Facility) is a legal document that outlines the terms and conditions between the owner of the property and the lessee regarding the lease of land for the installation and operation of a wireless communication facility in South Dakota. This memorandum serves as an addendum or attachment to the main lease agreement and supplements its provisions specifically related to wireless communication facilities. Keywords: South Dakota, Memorandum of Lease, Wireless Communication Facility, legal document, terms and conditions, property owner, lessee, lease of land, installation, operation, wireless communication facility, addendum, attachment, main lease agreement, provisions. There are different types of South Dakota Memorandum of Lease (Wireless Communication Facility) that can be categorized based on specific conditions and clauses included: 1. Build-to-Suit Lease: This type of memorandum of lease focuses on a customized construction project primarily designed to meet the needs of the lessee. It outlines the responsibilities of both parties in terms of designing, constructing, and funding the wireless communication facility. Additionally, it covers provisions related to the ownership of the facility, maintenance, and potential modifications. 2. Ground Lease: In this type of memorandum, the property owner grants the lessee the right to use a specific portion of the property, usually for an extended period. It addresses the rental terms, lease duration, renewal options, and the lessee's obligations regarding the installation, operation, and maintenance of the wireless communication facility. 3. Collocation Lease: This memorandum of lease allows multiple wireless communication providers to share a single facility or infrastructure. It outlines the terms for sharing the equipment, collocation fees, maintenance responsibilities, and dispute resolution procedures. This type of lease promotes cost-efficiency and reduces the need for multiple installations. 4. Easement Lease: An easement lease grants the lessee specific rights for utilizing a portion of the property for the wireless communication facility's installation and operation without transferring full ownership. It outlines the easement area, duration, limitations, and the compensation structure for the property owner. 5. Master Lease Agreement: This type of memorandum acts as a comprehensive framework that governs the leasing of multiple wireless communication facilities across various sites owned by the property owner. It sets out the general terms and conditions, lease duration, rental structure, insurance requirements, and other provisions. Individual agreements can then be executed for each specific site. Keywords: Build-to-Suit Lease, Ground Lease, Collocation Lease, Easement Lease, Master Lease Agreement, customized construction project, rental terms, lease duration, renewal options, ownership, maintenance, sharing infrastructure, multiple providers, easement area, compensation structure, site-specific agreements, insurance requirements. Remember to consult legal experts or attorneys when drafting or interpreting any legal documents, such as South Dakota Memorandum of Lease (Wireless Communication Facility).
South Dakota Memorandum of Lease (Wireless Communication Facility)
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Motor vehicles registered in the State of South Dakota are subject to the 4% motor vehicle excise tax. Mobile / Manufactured homes are subject to the 4% initial registration fee. All fees are assessed from purchase date regardless of when an applicant applies for title and registration.
Collected than is actually due, the additional tax must be remitted to the Department or refunded to the customer. A bid factor of 2.041% may be used to calculate excise tax due when preparing a bid or bill.
An excise is typically a per unit tax, costing a specific amount for a volume or unit of the item purchased, whereas a sales tax or value-added tax is an ad valorem tax and proportional to the price of the goods, an excise typically applies to a narrow range of products, and.
Contractor's excise tax is imposed on the gross receipts of all prime contractors engaged in construction services or realty improvement projects in South Dakota (SDCL 10-46A). The gross receipts would include the tax collected from the consumer.
Unlike general sales taxes, excise taxes are usually applied on a per-unit basis instead of as a percentage of the purchase price. For instance, cigarette excise taxes are calculated in cents per pack. And most gasoline excise taxes are imposed in cents per gallon.
Some goods are exempt from sales tax under South Dakota law. Examples include gasoline, purchases made with food stamps, and prescription drugs.
You may purchase motor vehicles to lease or rent without paying sales tax. Dealers are required to collect the state sales tax and any applicable municipal sales tax, motor vehicle gross receipts tax, and tourism tax on any vehicle, product, or service they sell that is subject to sales tax in South Dakota.
Imposition and amount of real estate transfer fee. A fee is hereby imposed at the rate of fifty cents for each five hundred dollars of value or fraction thereof upon the privilege of transferring title to real property in the State of South Dakota, which fee shall be paid by the grantor.