Is Lake of the Dead legal in Standard, Modern, and Commander?

Lake of the Dead is legal in: Legacy, Vintage, Commander.

Lake of the Dead

Q: What type of card is Lake of the Dead?

Lake of the Dead is a Land. Its oracle text reads: "If Lake of the Dead would enter, sacrifice a Swamp instead. If you do, put Lake of the Dead onto the battlefield. If you don't, put it into its owner's graveyard.{T}: Add {B}.{T}, Sacrifice a Swamp: Add {B}{B}{B}{B}."

Land

If Lake of the Dead would enter, sacrifice a Swamp instead. If you do, put Lake of the Dead onto the battlefield. If you don't, put it into its owner's graveyard.<br>: Add .<br>, Sacrifice a Swamp: Add .