General cap1 month’s rent
Larger amount may be agreed where special conditions pose a danger to maintenance.
Return / statement21 days
After termination and receipt of mailing address/delivery instructions.
Detailed accounting45 days
Upon tenant request.
What to preserve
- Lease and security-deposit receipt.
- Termination date.
- Date mailing address or delivery instructions were provided.
- 21-day written withholding statement.
- Request for 45-day itemized accounting, if made.
- Move-in and move-out condition evidence.
South Dakota changed the residential deposit timeline in 2026. Use the current 21-day rule, not older two-week summaries. Educational information only.
Official sources
South Dakota LegislatureSDCL 43-32-6.1 — Maximum security deposit ↗
Current codified law generally limiting residential security to one month’s rent, with a special-conditions exception by agreement.
South Dakota LegislatureSDCL 43-32-24 — Return and withholding of security deposit ↗Current codified law reflecting the 2026 amendment: 21-day return/statement, 45-day requested itemized accounting, ordinary-wear protection and remedies.
South Dakota Legislature2026 Session Law, Chapter 179 (SB 4) ↗Official 2026 act changing the residential security-deposit procedure, including the move from two weeks to 21 days.