{"data":{"id":"us-sd/sdcl-1-33-9.2","jurisdiction":"us-sd","citation":"SDCL § 1-33-9.2","heading":"Long-term lease--Definitions.","body":"Terms used in § 1-33-9.3 mean:\n(1) \"Base rent,\" the amount paid by the state to a party for the use of real property pursuant to the terms of a written lease. \"Base rent\" does not include expenses or lease charges for taxes, insurance, utilities, maintenance, repairs, common area charges, and improvements; and\n(2) \"Long-term lease,\" any proposed real property lease by the state where the initial term of the lease exceeds a commitment of fifteen years and the base rent due during the initial term either exceeds $5,000,000 in total for the rental payments due during the term of the lease or $50,000 per month during the term of the lease.","path":["TITLE 1. STATE AFFAIRS AND GOVERNMENT","CHAPTER 1-33. DEPARTMENT OF EXECUTIVE MANAGEMENT"],"source_url":"https://sdlegislature.gov/Statutes/1-33-9.2","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"de40f03333e2be4cf87a7172bfced1e73cefe8e2e4606b559b1dadf2358f2a53","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-1-33-9.1","next":"us-sd/sdcl-1-33-9.3"},"notice":"GroundRules: Original legal text. Not legal advice."}