South Dakota Stipulation of Leasehold Ownership

State:
Multi-State
Control #:
US-OG-274
Format:
Word; 
Rich Text
Instant download

Description

This form is used when a question has arisen as to the ownership of each Party in the leasehold interest assigned to them in an Assignment. The Parties desire, by this Stipulation, to declare and establish each Party's interest in the Lease.

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FAQ

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.

Hear this out loud PauseExcept 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.

If the cost of necessary repairs exceeds one month's rent, after written notice stating the specific reason for the withholding, the lessee may withhold payment of rent and immediately deposit it in a separate bank or savings and loan account, written evidence of such action to be provided to the lessor upon deposit, ...

The local building inspector, or state or local health department, are the authorities to contact if your complaint relates to the health or safety of the tenant(s). The name, address, and telephone number of those organizations can be found in your local telephone book under city, county or state government.

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 Stipulation of Leasehold Ownership