This publication describes what the law requires of both landlords and tenants and also describes some terms that are in typical leases. Establish property records and record real estate transactions within Hennepin County.In this video, we will go over everything you need to know about Minnesota real estate purchase agreements. Seller is the fee owner of certain real property located in Hennepin County, Minnesota, containing approximately . Purchase agreement is a standard lease with an added option for the tenant to purchase the property. A lease purchase agreement refers to a rent-to-own contract that a landlord and a tenant use. All blank spaces on the rental-purchase agreement form must be filled in before the rental-purchase agreement is executed.