Minnesota Rental Lease Agreement Template

A Minnesota Rental 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 December 15th, 2024

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A Minnesota Rental 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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Minnesota Residential Lease Agreement Template

Minnesota Standard Commercial Lease Agreement Templates

Sublease Agreement

 

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)

Sample Minnesota Rental Lease Agreement

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