Minnesota Lease Agreement Template
Reviewed by the Agiled editorial teamUpdated June 2026
The lease template below works in Minnesota once you fill in the state-specific numbers — and those numbers are what this page covers: the deposit cap, how fast the deposit must come back, how much notice the landlord owes before entering, and what it takes to end a month-to-month tenancy. The download is the same attorney-style boilerplate as our standard lease; Minnesota law fills in the blanks.
Minnesota lease rules at a glance
| Security deposit cap | No statutory cap |
|---|---|
| Deposit return deadline | 21 days after termination (plus 1% simple interest) |
| Landlord entry notice | 24 hours' notice (2024 law replaced 'reasonable notice') |
| Month-to-month termination notice | One full rental period plus one day |
| Late fees | Capped at 8% of overdue rent |
State laws change frequently and this summary is not legal advice. Verify current rules against the state statute or with a licensed attorney before relying on them.
How Minnesota handles lease agreements
Minnesota pays tenants interest on deposits and replaced its vague 'reasonable notice' entry rule with a hard 24-hour requirement in 2024 — recent enough that many leases haven't caught up. In Minnesota, the security deposit rule is: no statutory cap. After move-out, the landlord's deadline to return the deposit is 21 days after termination (plus 1% simple interest), and ending a month-to-month tenancy takes one full rental period plus one day. Confirm current figures against the state statute before signing — legislatures amend landlord-tenant law frequently.
Minnesota lease agreement FAQs
How much can a landlord charge for a security deposit in Minnesota?
No statutory cap. Put the exact deposit amount in the lease, along with where it is held, and check the current statute — several states have recently lowered their caps.
How long does a landlord have to return a security deposit in Minnesota?
21 days after termination (plus 1% simple interest). The return should include an itemized statement for any deductions; missing the statutory deadline can expose the landlord to penalty damages in many states.
How much notice does a landlord need to enter a rental in Minnesota?
24 hours' notice (2024 law replaced 'reasonable notice'). Even where no statute sets a number, writing a notice period into the lease (24–48 hours is the national norm) protects both sides.
How much notice is required to end a month-to-month tenancy in Minnesota?
One full rental period plus one day. Give notice in writing and keep proof of delivery — the notice period is one of the most commonly litigated lease terms.
The full lease agreement guide
Clause-by-clause guidance, common mistakes, and the complete template text live on the main page: Lease Agreement Template — full guide and download.