South Dakota Option to Renew that Updates the Tenant Operating Expense and Tax Basis

State:
Multi-State
Control #:
US-OL2402
Format:
Word; 
PDF
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Description

This office lease form is regarding the renewal or other extension of the lease as it relates to the "Base Year Taxes" and the "Base Year for Operating Expenses".

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FAQ

Yes, South Dakota is a landlord-friendly state. With no limits on rent or late fees and no time requirement to make repairs, South Dakota is one of the more landlord-friendly states.

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.

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.

SDCL 10-45-10 exempts from sales tax the sale of products and services to the following governmental entities. Government entities must provide an exemption certificate to the vendor or the vendor must keep documentation to show the purchase was paid from government funds.

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.

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.

Codified Law 43-32-35 | South Dakota Legislature. 43-32-35. Service animal documentation requirements. The supporting documentation shall confirm the tenant's disability and the relationship between the tenant's disability and the need for the requested accommodation.

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South Dakota Option to Renew that Updates the Tenant Operating Expense and Tax Basis