Tenant FAQs
Answers to your frequently asked questions
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Can UpDown Property Management hold a rental home in Minneapolis before I apply?
Minneapolis rental homes are leased on a first-approved basis once a completed application and required fees are submitted. We recommend applying promptly, as well-priced properties in the Minneapolis market can lease quickly. -
Do I pay first and last month’s rent with my security deposit?
Move-in costs for Minneapolis rental properties typically include the first month’s rent and a security deposit. Some homes may also require last month’s rent depending on the lease terms and property requirements. -
How old do you have to be to apply for a Minneapolis rental?
Applicants must be legally eligible to enter into a binding lease agreement in Minnesota. In most cases, this means you must be at least 18 years old to apply. -
Is the security deposit refundable?
Security deposits are refundable provided the property is returned in good condition and all lease terms are met. Deductions may apply for unpaid rent, excessive damage, or required cleaning beyond normal wear and tear. -
Who needs a cosigner?
A cosigner may be required if an applicant does not meet income, credit, or rental history qualifications. The cosigner must meet financial standards and agree to guarantee the lease. -
How do I apply for a property with UpDown Property Management?
Applications for Minneapolis rental homes are submitted online along with the required documentation and application fee. Processing begins once all materials are received and reviewed. -
How do I pay rent?
UpDown Property Management offers secure online rent payments through a tenant portal for convenience and reliability. Additional approved payment methods may vary by property. -
What should I do if I want to get a pet?
Review your lease agreement and contact UpDown Property Management before bringing a pet into your Minneapolis rental home. Approval, breed restrictions, deposits, or monthly pet rent may apply. -
What happens if my roommate moves out but I want to stay?
All tenants remain responsible for the lease unless formally modified. The remaining resident may need to requalify independently or submit an approved replacement tenant. -
My lease is ending and I plan to move out. What should I do?
Submit written notice according to the timeline outlined in your lease agreement. Providing proper notice allows UpDown Property Management to coordinate inspections and process your security deposit efficiently. -
Who is responsible for repairs and maintenance?
UpDown Property Management coordinates routine maintenance to keep Minneapolis rental properties in good condition. Tenants may be responsible for repairs resulting from negligence, misuse, or lease violations.

