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Updated over 7 years ago on . Most recent reply presented by

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35
Posts
8
Votes
Samuel J Claeson
  • Rental Property Investor
  • Saint Paul, MN
8
Votes |
35
Posts

Lease Agreement Advice

Samuel J Claeson
  • Rental Property Investor
  • Saint Paul, MN
Posted

So I will be closing on my first multi-family home (triplex) just outside of St. Paul, MN at the end of November. My wife and I will be occupying one unit and we have tenants in place for the other two units from the previous owner.  I've been going back in forth on how to draft a lease agreement for my future tenants.  I've heard many people who simply purchase lease agreements from OfficeMax (approved by a Minnesota attorney).  However, I've also heard that many would recommend having an personal landlord attorney draft or look over my lease agreement...? Are both of these routes acceptable? Or is one better than the other? Or are there other routes to take?

Any advice/recommendations would be very helpful.  

Most Popular Reply

User Stats

9
Posts
4
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Michael Dahlheim
  • Investor
  • Cambridge, MN
4
Votes |
9
Posts
Michael Dahlheim
  • Investor
  • Cambridge, MN
Replied

I live in Minnesota and had to look into this a few months ago. The state of Minnesota actually has a generic lease agreement that is pretty darn good. I’ll try to send a link once I get to my computer.

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