South Dakota Clause Providing for the Reduction of the Tenant Security Deposit

State:
Multi-State
Control #:
US-OL4A012B
Format:
Word; 
PDF
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Description

This office lease clause states that the amount of the security deposit shall be reduced from 4 months' Base Rent to 3 months' Base Rent provided that certain lease conditions are met by the lessee.

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Codified Law 22-18-1 | South Dakota Legislature. 22-18-1. Simple assault--Violation as misdemeanor--Third or subsequent offense a felony--Violation in other states. (5) Intentionally causes bodily injury to another which does not result in serious bodily injury.

Section 92.104 of the Texas Property Code describes what a landlord may deduct from a security deposit: Before returning a security deposit, the landlord may deduct from the deposit damages and charges for which the tenant is legally liable under the lease or as a result of breaching the lease.

Codified Law 22-19A-1 | South Dakota Legislature. 22-19A-1. Stalking--Violation as misdemeanor--Second or subsequent offense a felony. (3) Willfully, maliciously, and repeatedly harass another person by means of any verbal, electronic, digital media, mechanical, telegraphic, or written communication.

Codified Law 43-32-12 | South Dakota Legislature. 43-32-12. Time for payment of rent--Agricultural and wildland--Lodging--Termination of hiring. When there is no contract or usage to the contrary, the rent of agricultural and wildland is payable yearly at the end of each year.

Raising Rent ? Landlords may raise the rent by however much they deem necessary, however, they must give their tenants 30-day notice before doing so. Notice of Entry ? Landlords are required to give their tenants a 24-hour notice before entering the property unless it is an emergency.

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 ...

False reporting to authorities is a Class 1 misdemeanor. Source: SL 1975, ch 171, §§ 1, 2; SDCL Supp, § 22-13-16; SL 1976, ch 158, § 11-23; SL 2005, ch 120, § 201. 22-11-9.1. False fire alarm causing serious bodily injury or death--Felony.

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South Dakota Clause Providing for the Reduction of the Tenant Security Deposit