The relationship of landlord/tenant or lessor/lessee is created by contract. The person who owns the real property is known as the lessor or landlord. The lessee, or tenant, is the one who occupies the property.
Tenancies are classified by duration as tenancies for years, from year to year, month to month, and at will. A tenancy for years is one under which the tenant has an estate of definite duration. The term "for years" is used to describe such a tenancy even though the duration of the tenancy is for only one year or for less than a year. A tenancy from year to year or month to month is one under which a tenant, holding an estate in land for an indefinite duration, pays an annual, monthly, or weekly rent.
The South Dakota Lease of Unfurnished Apartment is a legally binding contract between a landlord and a tenant that outlines the terms and conditions of renting an unfurnished apartment in South Dakota. This lease agreement is used to establish the rights and responsibilities of both parties, ensuring a harmonious landlord-tenant relationship and a clear understanding of the rental arrangement. The lease agreement typically covers essential aspects such as the lease term, rent payment details, security deposit, pet policy, maintenance and repairs, late fees, renewal options, and termination procedures. It specifies the obligations of both the landlord and the tenant, aiming to protect the interests of both parties. In South Dakota, there may be various types of leases for unfurnished apartments, each with its own specific characteristics. Some common types include: 1. Fixed-term lease: This is a lease agreement that specifies a predetermined start and end date, usually for a one-year period. Both the landlord and the tenant are bound by the terms mentioned in the agreement until the lease expires. 2. Month-to-month lease: Unlike a fixed-term lease, this type of lease continues on a monthly basis until either the landlord or the tenant provides a written notice to terminate the agreement. The terms and conditions remain the same each month, providing flexibility for both parties. 3. Student lease: This lease is specifically designed for students who wish to rent an unfurnished apartment near their educational institution. It may have specific provisions related to roommates, academic requirements, and other considerations relevant to student life. 4. Senior citizen lease: This type of lease is tailored to meet the needs of elderly tenants, taking into account any unique requirements they may have. 5. Sublease agreement: In some cases, a tenant may opt to sublet their unfurnished apartment to another individual. A sublease agreement outlines the terms under which the subtenant will occupy the apartment, while the original tenant remains responsible for the lease agreement with the landlord. It is important to note that the South Dakota Lease of Unfurnished Apartment should comply with the state's landlord-tenant laws and regulations. Both parties should thoroughly read and understand the terms of the lease agreement before signing, and seek legal advice if necessary.
