Overhaul of MN Landlord-Tenant Law?
A few weeks ago, Minnesota Governor Tim Pawlenty signed into law what some people view as the predecessor (or stepping stone) to a full tenant’s “Bill of Rights.” It contains some significant changes that impact landlord-tenant relations – yet, many people are calling for even more. For now, this will have to suffice…
Check out the news story:
Also, take a peek at this summary of some of the changes:
I just wanted to make you aware that changes have taken place – and changes may continue in the future. Here are some of the “highlights” of this legislation:
- Caps on late payment penalties
- Landlord screening controls (regarding fees and criteria disclosure)
- Added penalties for landlord misconduct
The new law also includes a few compromises that benefit landlords – including civil damages or penalties if applicants do not accurately disclose the appropriate information.
I will keep you posted regarding the practical implications we discover as the various provisions take effect over the next six months.