In the interest of having some sort of written agreement between owner of the property and renters....I am wondering what the standards and obligations of obtaining a rental license in the city of Minneapolis is for a single family owner occupied home?
Can a standard lease be drawn up between renters and the owner without a rental license in this instance?
Appreciate your thoughts/suggestions.
I'll be interested in what others say who may already have investigated this. My reading of the below from City of Mpls website suggests it's not necessary to have a rental license.
"A rental license is not required for your roommates as long as you own and occupy the property. However, the number of roommates you can have is limited by the Housing Maintenance and Zoning Codes. Your license will include this information, and you can also find it here."
If you live there you don't need a license. Same for duplex, but for the unit you don't live in you do need one.
@Stoddard Barnhill & @Matthew T Larson you absolutely need a rental license unless its a roommate owner occupied situation. In fact, if you operate a rental without a license you have no legal right to collect rent and if a tenant were to sue you, then you would need to return every cent they paid you during the term of the lease. Also, in Minneapolis, if it was not licensed as a rental when you purchased it they charge a conversion fee, the last I looked it was $1000. You can have that fee either reduced or waived if you take the www.homelinemn.org course which I highly recommend. I have taken it twice over the last 12 years.
Very helpful. It appears that there are a few different responses to this. I also looked at the link form Matthew and it clearly states where the owner is not occupying the unit. In this case the owner would be. I will have to look into this further.
@Stoddard Barnhill sounds like the consensus was that you don't need a license if you live in the unit?