Property Compliance FAQ's
Where do I find the Operating Cost Adjustment Factor (OCAF)?
The OCAF for South Dakota is 2.2.
What is the term of a Rent Comparability Study (RCS)?
A RCS is good for 5 years.
How long to I have to keep tenant files?
Active Tenants: Keep everything as long as they are active tenants.
Moved Out Tenants: 3 years.
Rejected applicants: 5 years.
