Minnesota Residential Lease Agreement Template

A Minnesota Residential Lease Agreement is a legal document that included the rules for renting property, like rent amount, payment dates, lease length, and responsibilities. The template follows state laws to protect both the landlord and tenant.

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Last updated November 6th, 2024

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A Minnesota Residential Lease Agreement is a legal document that included the rules for renting property, like rent amount, payment dates, lease length, and responsibilities. The template follows state laws to protect both the landlord and tenant.

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Rental Application – The landlord can request a rental application from tenants to verify the financial credentials. Once approved, both parties can sign the lease.

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What the Minnesota Residential Lease Agreement Form covers?

This agreement includes the following information and laws regarding landlord and tenant relationships, responsibilities and obligations in Minnesota:

Minnesota Landlord-Tenant Act

Summary (Minnesota Statutes Chapter 504B): The Minnesota Landlord-Tenant Act outlines guidelines for landlords and tenants on rental agreements, security deposits, landlord obligations, eviction procedures, and tenant rights.

Security Deposit Law

Summary (§ 504B.178):

  • 21 Days – The landlord must return the security deposit within 21 days after the lease ends.
  • Itemized List – Deductions for repairs must be provided in an itemized list with the returned deposit.
  • Interest – Minnesota requires landlords to pay interest on security deposits.

Lease Termination Rules for Landlords and Tenants

Summary (§ 504B.135): Minnesota law allows both parties to terminate a lease under specific conditions.

  • Tenant’s Right to Terminate – Tenants may terminate the lease due to domestic violence, harassment, or if they are called for active duty military service.

Landlord’s Access to the Rental Property

Summary (§ 504B.211): Landlords must provide a 24-hour notice before entering the rental unit, except in emergencies.

Rent Due Dates and Late Fees

Summary (§ 504B.145):

  • Grace Period – Minnesota law does not require a grace period, but landlords can include one in the lease agreement.
  • Late Fees – Late fees must be reasonable, with 8% of the rent amount being the maximum late fee amount landlords can charge tenants.

Eviction Procedures and Notices

Summary (§ 504B.285): The landlord must follow Minnesota’s formal eviction process, starting with a written notice to the tenant.

Property Maintenance Requirements and Utilities

Summary: The landlord is responsible for maintaining a safe and habitable environment. The shared utility costs should be disclosed to tenants in the written lease agreement.

Required Disclosure Forms

Summary: Minnesota landlords must disclose the following information to tenants:

  1. Lead-Based Paint Disclosure – Required for properties built before 1978 as per federal law.
  2. Address for Notices (§ 504B.181) – Landlord’s mailing address for receiving tenant notices.
  3. Covenant of Landlord and Tenant (§ 504B.171) – Not to allow illegal activities on the property.
  4. Financial Distress (conditional) (§ 504B.151) – The landlord must be transparent with the tenant in the event of a foreclosure. The maximum amount of time tenants can rent a property that is being foreclosed on is two-months.
  5. Outstanding Inspection (§ 504B.195) – The landlord must disclose a failed inspection to the tenant.
  6. Disclosure of Fees (§ 504B.120)

Minnesota Standard Rental Lease Agreement Template Preview Sample

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