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A South Dakota lease-to-own agreement is a residential lease that gives the renter the right of first refusal to buy the property. The contract details the purchase price, option term, and deposit required to secure the option. It also contains the features of a traditional rental contract, outlining monthly payments, a damage deposit, and the lease term.
This form complies with South Dakota’s Lease-Purchase Laws – § 54-6A
A South Dakota lease-to-own agreement is a residential lease that gives the renter the right of first refusal to buy the property. The contract details the purchase price, option term, and deposit required to secure the option. It also contains the features of a traditional rental contract, outlining monthly payments, a damage deposit, and the lease term.
This form complies with South Dakota’s Lease-Purchase Laws – § 54-6A
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