Property owners who wish to rent out their single-family home, duplex, townhome or condo must apply for an annual business license before a tenant moves in. This requirement applies to any dwelling unit that is not owner-occupied, including dwelling units which are vacant or occupied by a relative of the owner.
See What You Qualify For Find A Property Manager. Write A Lease Agreement. Decide How To Collect Rent. Advertise Your Rental. Screen Tenants. Perform All Necessary Inspections. Sign The Lease Agreement And Collect The Security Deposit. Maintain A Good Relationship With Your Tenants.
Minnesota Rental Application Criteria CREDIT. Applicant(s) must have good credit history which shows on a credit report from our tenant screening provider, RentGrow. RENTAL HISTORY/RESIDENCE. INCOME. CRIMINAL OFFENSES. IDENTIFICATION REQUIREMENTS. GUARANTY/COSIGNER REQUIREMENTS.
Minnesota is a fairly landlord-friendly state with few rent control laws. It does not require notice before evicting tenants. Make sure to always check local area laws, along with state laws, to ensure you're fully educated.
Property owners who wish to rent out their single-family home, duplex, townhome or condo must apply for an annual business license before a tenant moves in. This requirement applies to any dwelling unit that is not owner-occupied, including dwelling units which are vacant or occupied by a relative of the owner.
Do I need a rental license? The operation of residential rental properties is considered a business enterprise that gives rise to certain responsibilities. Per city ordinance, every rental dwelling, including single-family rental dwellings, must be licensed.
Can I rent my own apartment? Yes. There is no law against youth under 18 renting apartments, sub-leasing, or renting a room. But some landlords won't rent to you if you are under 18.
Owners can have one short-term rental property in Minneapolis in addition to their homesteaded property. This includes limited liability companies (LLCs).
Minnesota Rental Application Criteria CREDIT. Applicant(s) must have good credit history which shows on a credit report from our tenant screening provider, RentGrow. RENTAL HISTORY/RESIDENCE. INCOME. CRIMINAL OFFENSES. IDENTIFICATION REQUIREMENTS. GUARANTY/COSIGNER REQUIREMENTS.
Short-term rentals are allowed in any neighborhood zoning district subject to obtaining a conditional use permit. Rentals may also require a lodging license from Hennepin County. No more than 6 adults and their dependent children may occupy a short-term rental unit.