Minnesota Instructions — Rent Escrow is a form that outlines the terms and conditions of a rental agreement. It is used by landlords and tenants to safeguard deposits and ensure rent is paid on time. The form is required by Minnesota law and must include the following information: the names of the landlord and tenant, the address of the rental property, the monthly rent amount, when the rent is due, the length of the rental term, the security deposit amount, and any late fees or other charges. In addition, the document should include instructions for handling the security deposit at the end of the rental period. There are two types of Minnesota Instructions — Rent Escrow: the standard form and the modified form. The standard form is the most commonly used form and is available on the Minnesota Department of Commerce website. The modified form is used in cases where the landlord and tenant agree to terms that differ from the standard form.