Q As a renter, I'm concerned about annual rent increases.
Is there a limit on annual increases? Is there a rent stabilization law in Minnesota? If such a law exists, how does it work?
A There is no law or city ordinance that places a limit on the amount a landlord can annually increase a tenant's rent.
However, with plenty of options out there for renters, landlords aren't in a position to raise rents too dramatically.
There is no rent stabilization law in Minnesota except in special circumstances, such as subsidized housing.
Q I rent a townhouse. The lease is up, but I continue to live here. Am I legally bound to the old lease? I have not signed any new agreements.
A Once your lease expires you are considered to be on a month-to-month lease, even though there is no document involved. So, you are not legally bound to your old lease unless there is a "rollover" provision in it.
If you're not sure if your lease contains a rollover provision, look at the lease language to see if it contains a sentence stating something similar to, "Once this lease expires the terms of the lease remain in effect."