South Dakota · SD
In South Dakota, a landlord must return a security deposit within 21 calendar days.
- Return deadline
- 21 calendar days
- Itemized statement
- Required
- Move-in condition list
- Not required by statute
- Maximum deposit
- 1 month's rent
- Interest on deposit
- Not required
If the landlord withholds in bad faith
Landlord who fails to comply forfeits all rights to withhold any portion of the deposit; bad-faith retention or bad-faith failure to provide the statement/accounting subjects the landlord to punitive damages not to exceed $200.
Within 21 days of termination plus receipt of tenant's mailing address, landlord must return the deposit or give a written statement of the reason for withholding; full itemized accounting due within 45 days if tenant requests it. Cap is one month's rent. No interest required.