Minnesota Lease Agreement: What to Include

Minnesota requires deposit interest on every deposit (regardless of amount or tenancy length), and ties several notice periods to the length of the rental period itself rather than a single flat number of days.

Security deposits

Minnesota has no statewide statutory cap on the deposit amount, but does require paying interest on it — a requirement that applies more broadly than in many states that only require interest above a certain amount or tenancy length. Deposits must generally be returned within 21 days of move-out, or within 5 days if the building has been condemned.

Notice periods tied to the rental period

Rather than a single flat number of days, Minnesota generally ties termination notice to "one rental period plus one day" — meaning the required notice period scales with whether rent is paid monthly, weekly, or on some other cycle, unless the lease or a specific statute provides otherwise.

Required disclosures

A Minnesota lease should include or accompany:

• • Federal lead-based paint disclosure (for pre-1978 buildings)
• • Landlord or manager identity disclosure
• • Pending foreclosure disclosure, if applicable
• • Shared utility billing disclosure, if utilities are shared or estimated
• • Cannabis or smoking policy disclosure, where applicable

The bottom line

The rental-period-based notice rule and the broad deposit interest requirement are the two details most likely to differ from a generic, non-Minnesota-specific lease. See LeasePilot HQ's full Minnesota landlord-tenant law summary for the complete breakdown with sources, or generate a lease with Minnesota-specific clauses built in automatically.