South Dakota Lease to Own Agreement

If a tenant wishes to purchase the property they are renting from a landlord, but does not have the financial capacity to do purchase it in one go, they may propose a South Dakota Lease to Own Agreement to the landlord. By allowing the tenant to pay the landlord a set amount each month towards the total cost of the property—all the while continuing to pay their rent—the agreement gives the tenant a more flexible means of achieving their goal.