Which Minnesota law governs commercial leases?

The correct answer pertains to the Uniform Commercial Code (UCC) as it relates to commercial leases in Minnesota. The UCC is designed to standardize and regulate various commercial transactions, including those involving leased property used for business purposes. While the UCC primarily focuses on personal property, it can also provide a framework for commercial leases by establishing guidelines on lease agreements and transactions that can apply to businesses.

In contrast, the Residential Tenancies Act primarily deals with leasing agreements and rights pertaining to residential properties, not commercial ones. The Real Estate Licensing Act governs the licensing of real estate professionals and does not specifically regulate the terms of commercial leases. Similarly, the Property Disclosure Statute is related to the disclosures that must be made when selling property and does not pertain directly to the regulations surrounding commercial leasing. Therefore, the UCC stands out as the appropriate legal framework for commercial leases in Minnesota.