Updated April 14, 2023
A South Dakota rent-to-own lease agreement is a document through which a landlord provides a tenant with a standard lease and gives an option to purchase the property. The landlord and tenant will discuss and negotiate the terms of the purchase and enter into the lease contract. When the tenant decides to buy, a purchase agreement will be created matching the terms written in the lease.
Rental Application – Use to screen a tenant while getting their personal details and signature giving consent to run a consumer report.