The Leasing Team of the Real Estate Office administers contracts for the use of space at the University of Minnesota. We also assist University departments in their search for, and use of property off-campus.
How to Rent
University Owned Space
The University requires written contracts to rent University Space. The contracts are different for long term and short term uses. A lease is required when renting space for a long term (over 90 days). A Use/License Agreement is required when renting for a short term (90 days or less, or non-continuous).
Are you seeking University space? Click here.
Non-University Owned Space
The University requires written contracts when University departments rent non-University space, like a hotel for a conference or part of an office building. Leases are for long term (greater than 90 days) and Use/License Agreements are for short term (90 days or less) renting.
Are you seeking non-University space? Click here.
Leasing Team Services
Once a lease is signed, our office provides the following services to University Departments:
- Distribution of the fully-executed lease (to Planning and User Department, etc.);
- Deposit of rents and other payments related to the lease;
- Modification of lease terms (changes in premises leased, rent, etc., all done by written amendment);
- Day-to-day questions, interpretations, and problem solving;
- Notification for the exercise options and other official notifications to tenant;
- Addition of new leases and amendments to the lease inventory to keep database and University records updated and accurate.
The Leasing Team leads a training session that introduces University departments and units to the policies and practices required for leasing both University and non-University space for all purposes. Access the Lease and Use Agreement Training Manual (pdf)
The Leasing Team produces an Annual Lease Report which documents the University's real estate leasing activity for the fiscal year.