Minnesota Standard Residential Lease Agreement

A Minnesota standard residential lease agreement is a real estate contract entered into by a landlord and the tenant they’ve selected to rent their property. A well-written lease defines each party’s rights and responsibilities, detailing the rent amount owed, when it’s due, the cost of utilities, and the length of the tenant’s term (typically one year).

Minnesota Standard Residential Lease Agreement

A Minnesota standard residential lease agreement is a real estate contract entered into by a landlord and the tenant they’ve selected to rent their property. A well-written lease defines each party’s rights and responsibilities, detailing the rent amount owed, when it’s due, the cost of utilities, and the length of the tenant’s term (typically one year).

Last updated January 13th, 2024

A Minnesota standard residential lease agreement is a real estate contract entered into by a landlord and the tenant they’ve selected to rent their property. A well-written lease defines each party’s rights and responsibilities, detailing the rent amount owed, when it’s due, the cost of utilities, and the length of the tenant’s term (typically one year).

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Rental Application – This document allows landlords to review and verify a lease applicant’s employment status, credit, and background information.

Required Disclosures (5)

  1. Financial Distress – If a landlord receives a contract for deed cancellation, notice of mortgage foreclosure sale, or any summons and complaint related to foreclosure, they must inform potential tenants before renting the property.[1]
  2. Landlord/Manager Information – The names and addresses of the landlord and any person authorized to manage the premises or receive and give notices must be provided to the tenant.[2]
  3. Lead-Based Paint Disclosure (PDF) – Federal law requires landlords of property built before 1978 to inform tenants that they may be exposed to lead-based paint.[3]
  4. Notice of Tenants’ Rights – Landlords must post a notice in a conspicuous place on the property stating that they can request this statement from the attorney general.[4]
  5. Outstanding Inspection Orders – If an inspector has issued a citation for code violations regarding health and safety, the landlord must provide the tenant with a copy of the orders. Inspection orders for violations not affecting health and safety can be posted in a conspicuous place on the property.[5]

Security Deposits

  • Maximum Amount ($) – No statutory limit.
  • Returning to Tenant – 3 weeks.[6]

Rent Grace Period

There is no legally required grace period for rent payments in Minnesota.

Landlord Resources