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Minnesota · Deposit receipt · Free to generate and download

Minnesota Security Deposit Receipt

Record that a security deposit was received on a Minnesota rental. Unused deposit is generally due within 21 days (Minn. Stat. § 504B.178). This receipt is not the itemized accounting due at move-out.

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Frequently asked questions

Plain-language answers about Minnesota deposit receipt papers. LeaseGen.io is not a law firm. Confirm current statutes before anyone signs.

What is a security deposit receipt in Minnesota?
It records that deposit money was received, the amount, and the property. Minnesota does not cap how large a residential security deposit may be. Unused deposit plus an itemized list is generally due within 21 days (Minn. Stat. § 504B.178). Simple interest is generally due on the amount held.
Is the receipt the move-out accounting?
No. At move-out you still owe an itemized list of deductions and any refund within 21 days, to the extent Minnesota law requires.
What is the deposit cap in Minnesota?
No statutory cap