South Dakota Provision Calculating the Rent Increase

State:
Multi-State
Control #:
US-OL24017D
Format:
Word; 
PDF
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Description

This office lease provision states that Base Rent shall be $25.50 per rentable square foot. During the Renewal Term, Base Rent shall be increased by the change, if any, in the Consumer Price Index. In no event will the Renewal Rental Rate be less than the Base Rent.

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FAQ

A South Dakota 30 Day Notice to Vacate is an official lease termination letter written to terminate a rental agreement, including a month-to-month or year-to-year lease. The letter is provided to either party at least thirty (30) calendar days before the end of the following rental period or expiration of the lease.

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.

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.

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.

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.

The lease must state if there is a late fee, the amount, and when it is charged. For a month-to-month lease, the landlord may raise the rent by any amount by giving written notice at least 30 days in advance.

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.

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, ...

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South Dakota Provision Calculating the Rent Increase