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Tenant(s): ______, ______, ______, ______ Landlord(s) or Landlord’s Representative: ______, ______ Page 1 of 4
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<br />MINNESOTA RESIDENTIAL LEASE AGREEMENT
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<br />THIS LEASE AGREEMENT (hereinafter referred to as the “Agreement”) made and entered into this _____ day of __________,
<br />2024, by and between the City of Little Canada, whose address is 515 Little Canada Road East, Little Canada, MN 55117 (hereinafter
<br />referred to as “Landlord”) and ___________________________________ (hereinafter referred to as “Tenant”).
<br />
<br />W I T N E S S E T H :
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<br />WHEREAS, Landlord is the fee owner of certain real property being, lying and situated in Ramsey County, Minnesota, such real
<br />property having a street address of 2828 Condit Street, Little Canada, MN 55117 (hereinafter referred to as the “Premises”).
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<br />WHEREAS, Landlord and Tenant mutually desire for Tenant to lease the Premises upon the terms and conditions as contained
<br />herein; and
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<br />NOW, THEREFORE, for and in consideration of the covenants and obligations contained herein and other good and valuable
<br />consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:
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<br />1. TERM. Landlord leases to Tenant, and Tenant leases from Landlord, the above described Premises together with any and all
<br />appurtenances thereto, for a term beginning on ____________________, 2024 and ending on the last day of the month, but
<br />automatically renewing on the first of each subsequent month and ending on the last day of each subsequent month, for an indefinite
<br />period until either party provides notice as described below, to terminate the lease (month-to-month).
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<br />Notice: The Landlord may terminate the Lease with Tenant with 60 days notice, if the Landlord can provide evidence of an executed
<br />preliminary development agreement or purchase agreement with a prospective buyer or developer. The Tenant may terminate the
<br />Lease at any time during the term of the agreement with 30 days notice.
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<br />2. RENT. For the first year, the total rent for the term hereof is the sum of One Thousand Nine Hundred
<br />Dollars ($1,900) payable on the 1st day of each month of the term. All such payments shall be made to Landlord at Landlord’s
<br />address as set forth in the preamble to this Agreement on or before the due date and without demand. Landlord does not have to
<br />give notice to Tenant to pay the rent.
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<br />3. SECURITY DEPOSIT. The Tenant has given the Landlord $______________ as a security deposit.
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<br />As required by Minn. Stat. §504B.178 subd. 2, the Landlord will pay the Tenant simple, noncompounded interest on the security
<br />deposit at the rate of one percent (1%) per annum, computed from the first day of the next month following the full payment of the
<br />deposit to the last day of the month at the end of the lease term. Landlord shall, within 3 weeks after (1) the end of the lease term,
<br />and (2) receipt of Tenant’s mailing address or delivery instructions, return the deposit to the Tenant, together with the interest due
<br />on the deposit. If the Landlord does not return the deposit within the three weeks, Landlord must give Tenant a written statement
<br />showing the specific reason for the withholding of part or all of the deposit. The Landlord may keep all or part of the security
<br />deposit (1) for rent or other money owed to the Landlord, and (2) for damage to the house beyond ordinary wear and tear.
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<br />4. USE OF PREMISES. The Premises shall be used and occupied by Tenant and Tenant’s immediate family as a private single-
<br />family dwelling, and no part of the Premises shall be used at any time during the term of this Agreement by Tenant for the purpose
<br />of carrying on any business, profession, or trade of any kind, or for any purpose other than as a private single-family dwelling.
<br />Tenant shall not allow any other person, other than Tenant’s immediate family or transient relatives and friends who are guests of
<br />Tenant, to use or occupy the Premises without first obtaining Landlord’s written consent to such use. Tenant shall comply with
<br />any and all laws, ordinances, rules and orders of any and all governmental or quasi-governmental authorities affecting the
<br />cleanliness, use, occupancy and preservation of the Premises.
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<br />5. CONDITION OF PREMISES. Tenant stipulates, represents and warrants that Tenant has examined the Premises, and that they
<br />are at the time of this Lease in good order, repair, and in a safe, clean and tenantable condition.
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<br />(a) Lead Paint Disclosure: Landlord represents that the dwelling was constructed on the property in 1978 or later.
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<br />6. ASSIGNMENT AND SUB-LETTING. Tenant shall not assign this Agreement, or sub-let or grant any license to use the Premises
<br />or any part thereof without the prior written consent of Landlord. A consent by Landlord to one such assignment, sub-letting or
<br />license shall not be deemed to be a consent to any subsequent assignment, sub-letting or license. An assignment, sub-letting or
<br />license without the prior written consent of Landlord or an assignment or sub-letting by operation of law shall be absolutely null
<br />and void and shall, at Landlord’s option, terminate this Agreement.
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