A South Dakota rent-to-own agreement is a rental contract that doubles as a purchase agreement, allowing renters to purchase the property at a later time during the rental period. The lease contract will be entered into after the landlord and tenant have discussed and negotiated the terms of the purchase.
Landlord-Tenant Laws: Title 43, Ch. 32 (Lease of Real Property).
Purchase Agreement Laws: Title 43, Ch. 26, § 43-4-38.
