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South Dakota Residential Lease Agreement Form


South Dakota Residential Lease Agreement Form
South Dakota Residential Lease Agreement Form
South Dakota Residential Lease Agreement
THIS AGREEMENT (hereinafter referred to as the "South Dakota Lease
Agreement") is made and entered into this ____ day of _______________,
20____, by and between ___________________________________
(hereinafter referred to as "Landlord") and
________________________________________ (hereinafter referred to
as "Tenant." For and in consideration of the covenants and obligations
contained herein and other good and valuable consideration, the receipt
and sufficiency of which is hereby acknowledged, the parties hereto
hereby agree as follows:
1. PROPERTY. Landlord owns certain real property and improvements located at
_________________(hereinafter referred to as the "Property"). Landlord desires to lease
the Premises to Tenant upon the terms and conditions contained herein. Tenant desires
to lease the Premises from Landlord on the terms and conditions as contained herein.
2. TERM. This South Dakota Lease Agreement shall commence on
________________________ and shall continue as a lease for term. The termination date shall
be on ___________________ at 11:59 PM. Upon termination date, Tenant shall be required to
vacate the Premises unless one of the following circumstances occur:
(i) Landlord and Tenant formally extend this South Dakota Lease Agreement in
writing or create and execute a new, written, and signed South Dakota Lease
Agreement; or
(ii) Landlord willingly accepts new Rent from Tenant, which does not constitute past
due Rent.
In the event that Landlord accepts new rent from Tenant after the termination date, a
month-to-month tenancy shall be created. If at any time either party desires to terminate
the month-to-month tenancy, such party may do so by providing to the other party written
notice of intention to terminate at least 30 days prior to the desired date of termination of
the month-to-month tenancy.
Notices to terminate may be given on any calendar day, irrespective of Commencement
Date. Rent shall continue at the rate specified in this South Dakota Lease Agreement, or
as allowed by law. All other terms and conditions as outlined in this South Dakota Lease
Agreement shall remain in full force and effect. Time is of the essence for providing
notice of termination (strict compliance with dates by which notice must be provided is
required).
3. RENT. Tenant shall pay to Landlord the sum of $______________ per month as Rent for
the Term of the Agreement. Due date for Rent payment shall be the 1st day of each
South Dakota Residential Lease Agreement Form
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