The most commonly used lease agreement is the Minnesota standard residential lease agreement. This covers the rental of a residential property, such as an apartment, house, or condo. It includes essential details like rent payment terms, lease duration, and rules regarding maintenance and repairs.
How to write a Minnesota lease agreement
Writing a Minnesota lease agreement doesn't have to be complicated. Our user-friendly platform simplifies the process. Just follow these steps:
- Enter the relevant details about the property, the landlord (lessor), and prospective tenants (lessees).
- Customize the terms and conditions to meet your specific requirements.
- Include relevant information about common areas, sublease agreements, and rules for eviction.
- Review the agreement carefully to ensure accuracy and clarity.
To comply with federal law and Minnesota laws, a Minnesota lease agreement must disclose information on:
- Lead-based paint, if the property was built pre-1978
- Previous bedbugs infestations
- The presence and functionality of smoke and carbon monoxide detectors
- Any hazards or defects in the rental property
What you need to know about Minnesota lease agreement deposits
In Minnesota, landlords may require tenants to pay a security deposit and a pet deposit if needed.
Security deposit
Landlords can ask for a security deposit of up to one month's rent. It serves as protection against unpaid rent or damages beyond normal wear and tear.
Pet deposit
If pets are allowed, landlords may request an additional deposit to cover any pet-related damages.
Inspection
Landlords must conduct a move-in inspection with the tenant to document the property's condition and note any existing damage.
Frequently asked questions
In most cases, a landlord cannot increase the rent during the lease term unless specified in the lease agreement.
Early termination or cancellation of a lease early may have consequences. Review the rental agreement for provisions regarding early termination and discuss with the landlord if needed.
Yes, landlords may charge late fees if they are specified in the lease agreement. However, these can’t exceed the limit set by Minnesota law, which is 8% of the amount due.
Tenants should promptly provide written notice to their landlord or property manager about any necessary repairs. If the landlord fails to address the issues, the tenant may be able to take legal action.
Generally, property owners must provide reasonable notice before entering the rental property. A notice period of 24 hours is considered reasonable. The exceptions are in cases of emergencies or if the tenant has given consent.
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