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Minnesota Security Deposit Return Letter

When a tenancy ends, a Minnesota landlord has a set time to return the deposit or send an itemized list of deductions. Here’s what Minnesota’s statute says.

Minnesota rules at a glance

Security deposits in Minnesota

Minnesota sets no maximum security deposit, but it is one of the few states that still requires interest on it, and the return deadline is short.

• Interest — The deposit earns 1% simple, non-compounded interest a year, from the first day of the month after it’s fully paid until the landlord returns it. Interest amounts under $1 are excluded (§504B.178, subd. 2).
• Return — Within three weeks after the tenancy ends and the landlord receives the tenant’s mailing address or delivery instructions, the landlord must return the deposit with interest or mail a written statement of the specific reasons for withholding. If the building is condemned through no fault of the tenant, the deadline is five days (§504B.178, subd. 3).
• Allowed deductions — Only unpaid rent or other money owed under the lease, and the cost of restoring the unit to its move-in condition, ordinary wear and tear excepted. The landlord bears the burden of proving every deduction (§504B.178, subd. 3).
• Inspections — Since 2024, the landlord must tell the tenant at move-in (or within 14 days) of the right to request an initial inspection, and near the end of the tenancy of the right to a move-out inspection so problems can be fixed before deductions (§504B.182).
• Penalties — A landlord who misses the deadline owes the withheld amount again as a penalty, plus the deposit and interest; bad-faith retention adds up to $500 in punitive damages per deposit (§504B.178, subds. 4, 7).
• Last month’s rent — A tenant can’t withhold the last month’s rent on the theory that the deposit covers it, except in a month-to-month tenancy where no notice to quit has been served (§504B.178, subd. 8).

Minnesota Security Deposit Return Letter FAQs

More Minnesota landlord documents

• Minnesota Residential Lease Agreement
• Minnesota Eviction Notice
• Minnesota Rent Increase Notice
• Minnesota Notice to Vacate
• Minnesota Application Approval Letter
• Minnesota Application Denial Letter
• Minnesota Background & Credit Check Authorization
• Minnesota Rental Application
• Minnesota Co-Signer Guarantor Agreement
• Minnesota Bed Bug Addendum
• Minnesota Mold & Mildew Addendum
• Minnesota No-Smoking Addendum
• Minnesota Parking & Storage Addendum
• Minnesota HOA & Community Rules Addendum
• Minnesota Crime-Free Housing Addendum
• Minnesota Utilities & Services Addendum
• Minnesota Early Termination Addendum
• Minnesota Lease Extension Addendum
• Minnesota Lead-Based Paint Disclosure
• Minnesota Military Clause (SCRA)
• Minnesota Pet Addendum
• Minnesota Cash for Keys Agreement
• Minnesota Mutual Lease Termination Agreement
• Minnesota Lease Renewal Agreement
• Minnesota Notice of Non-Renewal
• Minnesota Late Rent Notice
• Minnesota Lease Violation Notice
• Minnesota Notice of Entry
• Minnesota Move-In / Move-Out Inspection Checklist
• Minnesota Rent Receipt
• Minnesota Rent Verification Letter
• Minnesota Tenant Welcome Letter
• Minnesota Property Management Agreement
• Minnesota Commercial Lease
• Minnesota Rent-to-Own Agreement
• Minnesota Short-Term Rental Agreement
• Minnesota Room Rental Agreement
• Minnesota Roommate Agreement
• Minnesota Spanish Lease Agreement
• Minnesota Sublease Agreement
• Minnesota Lease Amendment

Security Deposit Return Letter in other states

• Alabama Security Deposit Return Letter
• Alaska Security Deposit Return Letter
• Arizona Security Deposit Return Letter
• Arkansas Security Deposit Return Letter
• California Security Deposit Return Letter
• Colorado Security Deposit Return Letter
• Connecticut Security Deposit Return Letter
• Delaware Security Deposit Return Letter
• District of Columbia Security Deposit Return Letter
• Florida Security Deposit Return Letter
• Georgia Security Deposit Return Letter
• Hawaii Security Deposit Return Letter
• Idaho Security Deposit Return Letter
• Illinois Security Deposit Return Letter
• Indiana Security Deposit Return Letter
• Iowa Security Deposit Return Letter
• Kansas Security Deposit Return Letter
• Kentucky Security Deposit Return Letter
• Louisiana Security Deposit Return Letter
• Maine Security Deposit Return Letter
• Maryland Security Deposit Return Letter
• Massachusetts Security Deposit Return Letter
• Michigan Security Deposit Return Letter
• Mississippi Security Deposit Return Letter
• Missouri Security Deposit Return Letter
• Montana Security Deposit Return Letter
• Nebraska Security Deposit Return Letter
• Nevada Security Deposit Return Letter
• New Hampshire Security Deposit Return Letter
• New Jersey Security Deposit Return Letter
• New Mexico Security Deposit Return Letter
• New York Security Deposit Return Letter
• North Carolina Security Deposit Return Letter
• North Dakota Security Deposit Return Letter
• Ohio Security Deposit Return Letter
• Oklahoma Security Deposit Return Letter
• Oregon Security Deposit Return Letter
• Pennsylvania Security Deposit Return Letter
• Rhode Island Security Deposit Return Letter
• South Carolina Security Deposit Return Letter
• South Dakota Security Deposit Return Letter
• Tennessee Security Deposit Return Letter
• Texas Security Deposit Return Letter
• Utah Security Deposit Return Letter
• Vermont Security Deposit Return Letter
• Virginia Security Deposit Return Letter
• Washington Security Deposit Return Letter
• West Virginia Security Deposit Return Letter
• Wisconsin Security Deposit Return Letter
• Wyoming Security Deposit Return Letter