In South Dakota, a rental application is a legal document that landlords will use to screen rental applicants to see if they are financially fit and responsible enough to be an ideal tenant. Typically, rental applications request information such as social security numbers, income information, and other things like previous addresses, and criminal history. Although the information may seem intrusive, the same information is collected from every applicant to ensure fairness, in addition to the form complying with federal fair housing laws.
According to state law (S.D. Codified Laws Ann. § 43.32-6.1, § 43-32-24), unless a tenant or special conditions pose a risk to the property, the security deposit is to be capped at the equivalent of one month’s rent.
If a landlord takes no deductions from the security deposit, it must be returned to the tenant within 14 days of them vacating the premises. If there are deductions taken out, possibly for fees or damages, then the landlord has 45 days. Also, the tenant may request accounting paperwork that specifies the charges.