The Most Commonly Used Minnesota Lease Agreements
The most commonly used Minnesota lease agreements are commercial leases, standard residential leases, month-to-month leases, a lease to buy agreement, and a roommate agreement.
How to Write a Standard Minnesota Lease Agreement
To write a standard Minnesota lease agreement, you need the following information:
- The legal name of each tenant who will sign the lease.
- The full name of anyone who will reside on the property but who isn’t signing the lease. The most common example is a minor child.
- The legal name of the landlord.
- The street address, city, state, and zip code of the rental unit.
- The length of the lease, including the starting date and the ending date. The starting date is referred to as the starting date of possession. The ending date is referred to as the ending date of possession.
- The amount of rent that the tenant will pay each month as well as when and how the rent should be paid.
- The amount of money paid as a security deposit.
- The amount of a late fee that will be assessed if the rent isn’t paid on time.
- Any other fees, such as an NSF fee, the tenant will be required to pay.
- Any amounts paid in advance to the landlord. For example, rent, utilities, garaging, storage, etc.
- A division of utilities and services.
- Which appliances or furniture the landlord provides in the unit for the use of the tenant.
- The name of any person authorized to act on behalf of the landlord in relation to the rental unit.
- The address and telephone number of any person authorized to act on behalf of the landlord in relation to the rental unit.
- The name and address of the person the landlord has authorized to receive legal notices on their behalf.
- Any other conditions or terms of the lease.
- Whether pets are allowed and if there is a security deposit or restrictions on pets.
- A federal lead paint disclosure must be included in the lease if the property was built prior to 1978.
- How shared utilities are calculated.
- A space for the signatures of the tenant and the landlord.
The tenants should initial every page of the lease to show that they’ve read it.
What Disclosures Must Be Made in a Minnesota Lease Agreement?
Under state law, all residential lease agreements must state:
Landlord and tenant promise that neither will unlawfully allow within the premises, common areas, or curtilage of the premises (property boundaries): controlled substances, prostitution or prostitution-related activity; stolen property or property obtained by robbery; or an act of domestic violence as defined by MN Statute Section 504B.206 (1)(e), against a tenant, licensee, or any authorized occupant. They further promises that the aforementioned areas will not be used by themselves or anyone acting under their control to manufacturer, sell, give away, barter, deliver, exchange, distribute, purchase, or possess a controlled substance in violation of any criminal provision of Chapter 152.
The landlord must also disclose if the property is being foreclosed on or if a deed of cancellation has been issued. If so, a tenant may not legally sign a lease that is longer than two months.
The landlord must disclose the identity of any person authorized to act on their behalf as related to the rental property.
The landlord must disclose if the premises has any outstanding inspection orders due to a property’s code infraction.
The landlord must provide reasonable notice before entering the property.
What You Need to Know about Minnesota Lease Agreement Deposits
There is no maximum security deposit that can be requested in a Minnesota lease agreement. However, the landlord must return the security deposit within three weeks of the end of the lease.