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South Dakota Assignment of Lease by Landlord
Transfer an existing lease to a new owner of the property with this South Dakota Assignment of Lease by Landlord form.
- The Assignment is between the current landlord, the purchaser of the property (new landlord) and the tenant, and is part of the documentation required to sell the premises to the new owner.
- The current landlord assigns the lease to the new landlord, and the tenant covenants to pay rent to the new owner and continue to perform the tenant's obligations under the lease.
- The current landlord and the purchaser agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
- This form can be used for either commercial or residential rental properties.
- Available in MS Word format.
- Intended to be used only in the State of South Dakota.
$11.99
South Dakota Commercial Lease Agreement
Lease office or retail space to a business tenant with this standard form South Dakota Commercial Lease Agreement.
- Renewal. Option for the tenant to renew for an additional term at the end of the lease.
- Property Taxes. Alternate provisions for taxes to be paid by either the landlord or the tenant, as applicable.
- Insurance. The tenant is responsible for carrying comprehensive public liability, fire and extended coverage insurance.
- Structural Repairs. Alternate provisions depending on whether the landlord is responsible for mechanical and structural repairs, or if the tenant is responsible for all repairs.
- Parking. Parking areas are to be shared by all tenants and their employees and customers.
- Damage or Destruction.Provisions for termination or for abatement of rent in the event of damage, destruction, or condemnation of the building.
- This lease agreement template is fully editable to fit your needs.
- Intended for use only in the State of South Dakota.
$29.99
South Dakota Guaranty of Commercial Lease
Secure the obligations of a corporate tenant ⁄ lessee under a commercial lease in the State of South Dakota with this unconditional and continuing Guaranty of Commercial Lease.
- The guaranty is given by a principal of the company, such as a shareholder, partner, sole proprietor or some other person with a financial interest in the tenant.
- A guarantee of this type is typically required as an inducement to the lessor ⁄ landlord to sign the lease.
- The guarantor guarantees payment of all rent and other amounts due under the lease, including the payment of legal fees incurred by the landlord in enforcing the terms of the lease.
$17.99
South Dakota Mutual Cancellation of Commercial Lease
Cancel a lease of office or retail premises with this South Dakota Mutual Cancellation of Commercial Lease form.
- This agreement is only for commercial tenancies. Use this form for residential tenants.
- The lessor (landlord) and lessee (tenant) mutually agree that the lease will terminate as of a specific date.
- All rights and obligations of the parties under the lease are extinguished, except for those which accrue prior to the termination date.
- Available in MS Word format.
- Intended to be used only in the State of South Dakota.
$2.29
South Dakota Commercial Sublease Agreement
Sublet all or part of your leased business space to a subtenant with this South Dakota Commercial Sublease Agreement.
- The Sublease can be used for office, retail shopping or other business premises.
- The subtenant pays the security deposit and the rent to the original tenant, who in turn pays the landlord.
- The original tenant must still perform its obligations under the head lease for the duration of the lease term.
- The original tenant assigns its interest in the sublease to the landlord.
- The original tenant directs the subtenant to pay rent directly to the landlord if the original tenant defaults in any of its obligations under the head lease.
- Intended for use only in the State of South Dakota.
$17.99