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This is a Commercial Lease Application for a Lessor to have the proposed Lessee sign. It contains required disclosures and an authorization for release of information. A commercial lease is a detailed written agreement for the rental by a tenant of commercial property owned by the landlord. Commercial property differs from residential property in that the property's primary or only use is commercial (business oriented), rather than serving as a residence. Commercial leases are often more complex than residential leases, have longer lease terms, and may provide for the rental price to be tied to the tenant business's profitability or other factors, rather than a uniform monthly payment (though this is also quite ordinary in commercial leases).
The average rent for a one-bedroom apartment in Minnesota is around $1,200 per month.
It depends on the landlord and the specific rental agreement. Some landlords include utilities in the rent, while others may require tenants to pay for utilities separately.
Yes, most rental properties in Minnesota require a security deposit. The deposit is usually equal to one month's rent and is refundable at the end of the lease term, provided there are no damages or unpaid rent.
Yes, many landlords in Minnesota allow pets in their rental properties. However, they may have specific pet policies and may require an additional pet deposit or monthly fee.
The most common lease term in Minnesota is one year. However, shorter and longer lease terms may also be available depending on the landlord.
In addition to rent, tenants in Minnesota may need to budget for utilities, internet/cable, renters insurance, and parking fees if applicable.
In most cases, landlords in Minnesota cannot increase the rent during the lease term unless it is explicitly mentioned in the lease agreement. However, they can increase the rent when renewing the lease or for new lease terms.
Yes, some affordable housing programs in Minnesota have income limits to qualify for reduced rent. These limits vary depending on the program and location.
To apply for a rental property in Minnesota, you typically need to fill out an application form, provide proof of income, undergo a credit and background check, and submit any required fees or deposits. Each landlord may have their own specific application process.
While renter's insurance is not legally required in Minnesota, it is highly recommended. Renter's insurance provides coverage for personal belongings and liability protection in case of accidents or damages.
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