The name and address of the financial institution or surety where the deposit will be held must disclosed to the tenant.Īfter the tenant has moved out, the deposit must be returned within 30 days along with an itemized statement if there any deductions taken for damage, unpaid rent, etc. The maximum amount charged may not exceed the equivalent of one and one-half months’ rent. The notice shall include the following statement in 12-point boldface type that is at least 4 points larger than the body of the notice or lease agreement: “You must notify your landlord in writing within 4 days after you move of a forwarding address where you can be reached and where you will receive mail otherwise your landlord shall be relieved of sending you an itemized list of damages and the penalties adherent to that failure.” (Mich. Security Deposit: Within 14 days of tenant’s taking possession of the rental, landlord must furnish in writing the landlord’s name and address for receipt of communications, the name and address of the financial institution or surety where the deposit will be held, and the tenant’s obligation to provide in writing a forwarding mailing address to the landlord within 4 days after termination of occupancy. Laws §554.634)ĭomestic Violence: A rental agreement or lease may contain a provision stating, “A tenant who has a reasonable apprehension of present danger to him or her or his or her child from domestic violence, sexual assault, or stalking may have special statutory rights to seek a release of rental obligation under MCL 554.601b.” If the rental agreement or lease does not contain such a provision, the landlord must post an identical written notice visible to a reasonable person in the landlord’s property management office, or deliver written notice to the tenant when the lease or rental agreement is signed. If you have a question about the interpretation or legality of a provision of this agreement, you may want to seek assistance from a lawyer or other qualified person.” (Mich. This agreement is required to comply with the Truth in Renting Act. Truth in Renting Act: A rental agreement must also state in a prominent place in type not smaller than the size of 12-point type, or in legible print with letters not smaller than 1/8 inch, a notice in substantially the following form:”NOTICE: Michigan law establishes rights and obligations for parties to rental agreements. Laws § 554.608)Ĭontact Information: A rental agreement must include the name and address at which notice can be given to the landlord. However, the requirement does not need to be stated in the lease. Move-in Checklist: Landlord must provide tenant with move-in checklist.

Optional Insurance Coverage for LandlordsĪ summary of Michigan Landlord Tenant Laws based on state law statutes as they apply to residential lease agreements executed between landlords and tenants.

What is Not Covered by Landlord Insurance.Homeowners Insurance vs Landlord Insurance.District of Columbia Landlord-Tenant Laws.

Michigan rental move in checklist