Michigan Standard Residential Lease Agreement

Michigan Standard Residential Lease Agreement

The Michigan Standard Residential Lease is an official contract used between a landlord and tenant(s) for the purpose of leasing a property or unit for the duration specified in the form (typically one (1) year). Once signed by both a landlord and tenant, both parties are bound to the contract’s conditions until the lease’s scheduled end. Renters and landlords alike should be aware of Michigan’s Truth in Renting Act, which states both required clauses within leases as well as those that cannot be included in the document.

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Versions (5)

Version 1 – OpenDocs

Download: Adobe PDF, MS Word (.docx), Rich Text (.rtf)

 

Version 2 – Official

Download: Adobe PDF

 

Version 3 – Fixed-Tenancy Lease

Download: Adobe PDF, MS Word (.docx)

 

Version 4 – Lease w/ Move-in Checklist

Download: Adobe PDF

 

Version 5 – Kent County

Download: Adobe PDF

 

Michigan Rental Laws

Statutes: Act 348 “Landlord and Tenant Relationships”

Maximum Security Deposit (§ 554.602): One and a half (1.5) months’ rent.

Returning Security Deposits (§ 554.610): Upon a lease’s termination, landlords have thirty (30) days to return the security deposit to the tenant(s). If the landlord does not return the deposit within the timeframe mentioned, the landlord will be required to return the full value of the deposit without any deductions for damages (regardless if they occurred or not).

Notice for Increasing Rent: No statute included in MI law.

Required Notice for Entry: No required notice mentioned. Although there is required notice, landlords should be respectful of their tenants and not show up unannounced (with an exception for emergencies).