Minnesota compliance baked into the template
- Sales tax: 6.88% state rate. Generally exempts most services. State 6.875%; combined 7-8.875% in metros.
- Late fees: Up to 1.5% per month under Minn. Stat. §334.01. Default 6%/yr; contract rates up to 8%/yr without license.
Real Estate Agent invoice fields
- Commission — pct
- Transaction coordinator fee — flat
- Marketing reimbursement — flat
State
MN
Avg invoice
$8,500
Net terms
0 days
Deposit
0%