Minnesota SF1205 modifies rent increase provisions for manufactured home park lot rentals.

Minnesota SF1205 amends state statutes to require park owners to provide 60 days' written notice to residents before increasing rent. The notice must include the reason for the increase. Rent increases are limited to two per year. Park owners must prove any increase is reasonable, while increases approved by resident-owned cooperatives are presumed reasonable. The bill takes effect August 1, 2025, and applies to rent increases effective on or after that date.

Minnesota SF1205 modifies rent increase provisions for manufactured home park lot rentals.

Minnesota SF1205 amends state statutes to require park owners to provide 60 days' written notice to residents before increasing rent. The notice must include the reason for the increase. Rent increases are limited to two per year. Park owners must prove any increase is reasonable, while increases approved by resident-owned cooperatives are presumed reasonable. The bill takes effect August 1, 2025, and applies to rent increases effective on or after that date.