South Dakota Security Deposit Law at a Glance
Interest Required by Law:
No - South Dakota does not require interest
Annual Rate:
Not applicable
Maximum Deposit:
1 months' rent
Interest Rate:
N/A
South Dakota limits deposits to 1 month's rent. No interest payment required.
Security Deposit Interest Calculator
Total deposit paid to landlord
Used to check deposit limits
$0
Total Interest Owed
$0
Original Deposit
$0
Total Return (Deposit + Interest)
0
Years Held
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Deposit vs. Legal Limit
South Dakota Tenant Rights: Security Deposit Checklist
- Request a written receipt for your security deposit at move-in
- Document the condition of the unit with photos and video before moving in
- Get all deposit terms in writing in your lease agreement
- Provide written notice of your forwarding address when you move out
- Request a move-out walkthrough inspection with the landlord
- Keep copies of all communication with your landlord about the deposit
- If deposit is not returned on time, send a written demand letter
- File in small claims court if the landlord wrongfully withholds your deposit