Create a Minnesota Lease Agreement with our customizable template!
A Minnesota lease agreement is a legally binding contract between the landlord or the property management company and the tenant(s) interested in specific rental property. Once it is signed and dated by the parties, the tenant may then take legal possession of the property and move in. A Minnesota lease agreement can be used for residential or commercial property.
The most commonly used Minnesota lease agreements are commercial lease agreements, standard residential leases, month-to-month lease agreements, a lease to own agreement, a sublease agreement, and a roommate agreement.
All of the most commonly used Minnesota lease agreements use the same clauses. However, some have their own features while continuing to share some of the same similarities as the most common leases. Here are a couple of examples.
A Minnesota lease agreement must adhere to Minnesota’s landlord-tenant laws. If they fail to do so, they cannot be legally enforced. There are other laws that must also be considered. You’ll learn about a few of those laws under the sections related to disclosures and security deposits.
Since a lease agreement is a contract, it is important that you understand the terms before you sign it. Read it thoroughly or have it reviewed by an attorney.
A Minnesota lease agreement should contain the following:
Under state law, all Minnesota 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 promise that the aforementioned areas will not be used by themselves or anyone acting under their control to manufacture, 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.
Finally, federal law dictates that if the residential unit was constructed in or prior to 1978, the landlord must provide a warning about the possibility of lead paint.
In the State of Minnesota, there is no maximum security deposit. However, the landlord must return the security deposit within three weeks of the end of the lease.
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