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Minnesota Residential Lease Agreement


Minnesota Residential Lease Agreement
Minnesota Residential Lease Agreement
THIS LEASE AGREEMENT (hereinafter referred to as the "Agreement") made and entered into this
____________ day of ____________________________, 20____, by and between
_____________________________________________________________________ (hereinafter referred to as
"Landlord") and _____________________________________________________________________
(hereinafter referred to as "Tenant").
W I T N E S S E T H :
WHEREAS, Landlord is the fee owner of certain real property being, lying and situated in
_______________ County, Minnesota, such real property having a street address of
______________________________________________________________ (hereinafter referred to as the
"Premises").
WHEREAS, Landlord desires to lease the Premises to Tenant upon the terms and conditions as
contained herein; and
WHEREAS, Tenant desires to lease the Premises from Landlord on the terms and conditions as
contained herein;
NOW, THEREFORE, for and in consideration of the covenants and obligations contained herein and
other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
hereto hereby agree as follows:
1. TERM. Landlord leases to Tenant and Tenant leases from Landlord the above described Premises
together with any and all appurtenances thereto, for a term of Month-to-Month basis, such term
beginning on __________________. The Term shall end upon 30 days written Notice.
2. RENT. The total rent for the term hereof is the sum of
______________________________________________________________ DOLLARS
($____________) payable on the ______ day of each month of the term, in equal installments of
______________________________________________________________ DOLLARS
($_____________), first and last installments to be paid upon the due execution of this Agreement, the
second installment to be paid on _______________________. All such payments shall be made to
Landlord at Landlord's address as set forth in the preamble to this Agreement on or before the due date
and without demand.
3. DAMAGE DEPOSIT. Upon the due execution of this Agreement, Tenant shall deposit with Landlord
the sum of ______________________________________________________________ DOLLARS
($____________) receipt of which is hereby acknowledged by Landlord, as security for any damage
caused to the Premises during the term hereof. Such deposit shall be returned to Tenant, along with 3%
simple non-compounded interest, and less any set off for damages to the Premises upon the termination
of this Agreement. If applicable, Landlord will furnish to the Tenant a written statement showing the
specific reason for the withholding of the deposit within three (3) weeks, or within five (5) days if the
Premises are condemned without any fault attributed to Tenant, of the termination of this Agreement.
The three (3) week or five (5) day period begins to start once the Tenant provides the Landlord with a
mailing address or other delivery instructions in which to mail the balance of the damage deposit.
4. USE OF PREMISES. The Premises shall be used and occupied by Tenant and Tenant's immediate
family, consisting of ______________________ __________________________ ____________,
Minnesota Residential Lease Agreement
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