# S.D. Codified Laws § 43-32-6.1: Maximum security deposit for residential premises--Larger deposit by mutual agreement

> South Dakota · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-6.1

## Section

- **Citation:** S.D. Codified Laws § 43-32-6.1
- **Heading:** Maximum security deposit for residential premises--Larger deposit by mutual agreement
- **Jurisdiction:** South Dakota
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** SD Code / Title 43 / Chapter 32 / Section 43-32-6.1

## Text

Any deposit of money, the function of which is to secure the performance of a residential rental agreement or any part of such an agreement, shall be deemed to be a security deposit. A lessor of residential premises may not demand or receive a security deposit, however denominated, in an amount or value in excess of one month's rent except that a larger deposit may be agreed upon between the lessor and the lessee where special conditions pose a danger to maintenance of the premises.

Source: SL 1976, ch 267, § 2.

## Nearby sections

- [S.D. Codified Laws § 43-32-1 Leasing of real property defined](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-1.md)
- [S.D. Codified Laws § 43-32-2 Limited term of lease--Agricultural land--Municipal lots](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-2.md)
- [S.D. Codified Laws § 43-32-3 Hiring of real property presumed for one year--Exception](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-3.md)
- [S.D. Codified Laws § 43-32-4 Hiring of lodgings--Length of term--Presumption](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-4.md)
- [S.D. Codified Laws § 43-32-5 Lease of real property for more than one year--Written contract necessary](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-5.md)
- [S.D. Codified Laws § 43-32-6 Obligations of lessor of real property--Tenant's remedies against lessor](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-6.md)
- [S.D. Codified Laws § 43-32-6.1 Maximum security deposit for residential premises--Larger deposit by mutual agreement](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-6.1.md)
- [S.D. Codified Laws § 43-32-8 Residential lessor to keep premises in repair--Disrepair caused by lessee--Agreements for repairs in lieu of rent--Liability to third persons unaffected](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-8.md)
- [S.D. Codified Laws § 43-32-9 Failure of lessor to repair premises--Lessee's remedies](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-9.md)
- [S.D. Codified Laws § 43-32-10 Preservation of premises by lessee](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-10.md)
- [S.D. Codified Laws § 43-32-11 Use of premises when leased for particular or specified purpose--Responsibility of lessee--Rescission of contract](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-11.md)
- [S.D. Codified Laws § 43-32-12 Time for payment of rent--Agricultural and wildland--Lodging--Termination of hiring](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-12.md)
- [S.D. Codified Laws § 43-32-13 Modification of lease--Written notice by landlord, effect--Termination by tenant](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-13.md)
- [S.D. Codified Laws § 43-32-14 Retention of possession by lessee after expiration of hiring--Acceptance of rent by lessor--Renewal of hiring--Terms](https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_SD_T43_C32_S43-32-6.1. Check the current official text before relying on it. Not legal advice.