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Free South Dakota Cash
for Keys Agreement Template

Last reviewed September 2026

Written by LawLease Editorial

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South Dakota Cash for Keys Agreement

This Cash for Keys Agreement is built with South Dakota as the governing state. These are the South Dakota landlord-tenant rules that most often bear on it, with the statute for each.

South Dakota rules at a glance

South Dakota rules for a Cash for Keys Agreement
Security deposit limit1 month’s rent, unless special conditions justify more by agreementSDCL §43-32-6.1
Deposit return21 days after termination and receipt of the tenant’s mailing address (2026 amendment)SDCL §43-32-24
Itemized accountingOn the tenant’s request, the landlord must provide an itemized accounting of any amount withheld within 45 days after the tenancy ends (§43-32-24).
Month-to-month terminationNotice as long as the rental period, up to one monthSDCL §43-32-15
Nonpayment evictionNo pre-suit notice to quit since 2024; eviction action once rent is 3 days lateSDCL §21-16-1(4)
Nonpayment of rentA forcible entry and detainer action is available once rent is unpaid three days after it’s due (§21-16-1(4)). The former three-day notice to quit (§21-16-2) was repealed in 2024, so no pre-suit notice is required by statute — but if your lease promises one, you must give it.

Security deposits in South Dakota

Any money that secures performance of a residential lease is a security deposit, and a South Dakota landlord may not demand or receive more than one month’s rent — unless the parties agree to a larger deposit because special conditions pose a danger to maintenance of the premises (SDCL §43-32-6.1).

  • 21-day deadline — Within 21 days after the tenancy ends and the landlord receives the tenant’s mailing address or delivery instructions, the landlord must return the deposit or give a written statement of the specific reasons for withholding any part of it (§43-32-24). The window was two weeks before a 2026 amendment (SL 2026, ch 179).
  • Allowed deductions — Only amounts reasonably needed to cover unpaid rent and other funds due under the lease, and to restore the premises to their move-in condition, ordinary wear and tear excepted (§43-32-24).
  • Itemized accounting — On the tenant’s request, the landlord must provide an itemized accounting of any amount withheld within 45 days after the tenancy ends (§43-32-24).
  • Penalty — A landlord who misses these requirements forfeits the right to withhold any of the deposit, and bad-faith retention or failure to provide the statement can add punitive damages of up to $200 (§43-32-24).

Ending a South Dakota tenancy

A lease ends at the expiration of its agreed term or by mutual consent (SDCL §43-32-22). For a tenancy with no fixed term, either party must give notice at least as long as the rental period itself, but not more than one month, or the hiring is presumed to renew (§43-32-15).

Notice to end a South Dakota periodic tenancy (SDCL §43-32-15)
Week-to-weekOne week
Month-to-monthOne month
Tenancy at will (landlord)At least 15 days (§43-8-8)
Tenancy at will — active-duty military householdTwo months, with limited exceptions (§43-8-8)
  • Nonpayment of rent — A forcible entry and detainer action is available once rent is unpaid three days after it’s due (§21-16-1(4)). The former three-day notice to quit (§21-16-2) was repealed in 2024, so no pre-suit notice is required by statute — but if your lease promises one, you must give it.
  • Lease violations — A landlord may terminate before the end of the term if the tenant uses the premises contrary to the lease, or fails to make repairs they’re responsible for within a reasonable time after request (§43-32-18).
  • Domestic abuse, sexual offenses & stalking — A tenant may terminate without an early-termination penalty by written notice citing fear of imminent danger, with a police report, protection order or health-care provider documentation from the past 30 days; the tenant owes no rent for the month after they vacate (§43-32-19.1).
  • Landlord default — A tenant may terminate early if the landlord fails, within a reasonable time after written request, to put the tenant in quiet possession or make required repairs, or if most of the premises is destroyed (§43-32-19).

South Dakota Cash for Keys Agreement FAQs

How much can a landlord charge for a security deposit in South Dakota?

No more than one month’s rent, unless the landlord and tenant agree to a larger deposit because special conditions pose a danger to the premises (SDCL §43-32-6.1).

How long does a landlord have to return a security deposit in South Dakota?

21 days after the tenancy ends and the landlord receives the tenant’s mailing address, returning the deposit or a written statement of reasons for withholding. The deadline was two weeks until a 2026 amendment. An itemized accounting is due within 45 days on request, and missing the rules forfeits the right to withhold (§43-32-24).

How much notice to end a month-to-month lease in South Dakota?

One month. The notice must be at least as long as the rental period, capped at one month, or the tenancy is presumed to renew (SDCL §43-32-15).

More South Dakota landlord documents

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