I would like to know the grounds on which a lease may be terminated in South Dakota.
Full Question:
I am living in a rented house in the state of South Dakota. I am thinking to move to another city and in that case, I will have to leave this rented house. I would like to know the grounds on which a lease may be terminated.
01/05/2017 |
Category: Landlord Ten... ยป Lease Termin... |
State: South Dakota |
#29527
Answer:
S.D. Codified Laws § 43-32-22 reads:
“A lease is terminated:
(1) By the expiration of the agreed term;
(2) By the mutual consent of the parties;
(3) By the tenant acquiring a title to the leased premises superior to that of the landlord.’
A lease may be terminated on the expiration of the agreed term between the landlord and the tenant in the lease agreement, or by mutual consent of the parties, or when the tenant acquires the title to the leased property.