Bill > SF1032

This bill introduces a new requirement for landlords in Minnesota to provide written disclosure to tenants about the ownership of the rental property. Specifically, landlords must now inform tenants in writing about the names and contact information of all parties who have any ownership interest in the real property that is subject to the lease. This new provision aims to increase transparency in rental relationships by ensuring tenants know exactly who owns the property they are renting. The bill proposes to add this requirement to Minnesota Statutes, Chapter 504B, which governs landlord-tenant relations, and would create a new section (504B.112) specifically dedicated to ownership disclosure. By mandating this information be shared upfront, the bill seeks to give tenants a clearer understanding of their rental property's ownership structure and provide a direct means of contacting property owners if needed.

Justice

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1032&ssn=0&y=2025