Michigan Rental Lease Agreement Templates (6)

A Michigan lease agreement is a document signed by a landlord and a tenant that outlines the terms of renting residential or commercial property. The contract contains the length of the term, the rent amount, security deposit and fees, and other rental obligations. Once properly executed, the document is legally binding and can only be terminated under certain conditions.

Michigan Rental Lease Agreement Templates (6)

A Michigan lease agreement is a document signed by a landlord and a tenant that outlines the terms of renting residential or commercial property. The contract contains the length of the term, the rent amount, security deposit and fees, and other rental obligations. Once properly executed, the document is legally binding and can only be terminated under certain conditions.

Last updated January 16th, 2024

A Michigan lease agreement is a document signed by a landlord and a tenant that outlines the terms of renting residential or commercial property. The contract contains the length of the term, the rent amount, security deposit and fees, and other rental obligations. Once properly executed, the document is legally binding and can only be terminated under certain conditions.

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Rental Application – A rental application can be used by a landlord to screen individuals in order to find a suitable tenant.

Lease Agreements: By Type (6)

Standard (1-year) Lease Agreement – This residential lease has a term of one year, typically with the option to renew.

 

Download: PDF

Commercial Lease Agreement – This lease agreement enables a landlord to rent out real estate to tenants for commercial use.

 

Download: PDF, Word (.docx), OpenDocument

Month-to-Month Lease Agreement – A monthly lease contract renews every month until terminated by the landlord or tenant.

 

Download: PDF, Word (.docx), OpenDocument

Rent-to-Own Agreement (Lease Option) – A rent-to-own lease provides the tenant with the option to purchase the property under certain conditions.

 

Download: PDF

Roommate Agreement – A roommate agreement is between two or more individuals that establishes the rules of their shared rental property.

 

Download: PDF, Word (.docx), OpenDocument

Sublease Agreement – A sublease is between a tenant and a sublessor who has agreed to rent all or a portion of the rental property.

 

Download: PDF, Word (.docx), OpenDocument

Required Disclosures (5)

  1. Address for Notices – Leases must include the name and address where notices can be sent by the tenant.[1]
  2. Domestic Violence Victims – A disclosure must be provided to tenants stating that if they believe they are in danger of being a victim of domestic violence, they will be released from their obligation to pay rent.[2]
  3. Inventory Checklist (PDF) – Landlords must provide two blank inventory checklists before tenancy begins so the tenant can take note of the condition of the property.[3]
  4. Lead-Based Paint Disclosure (PDF) – In accordance with federal law, a lead-based paint disclosure form must be delivered to all tenants who are renting a property constructed prior to the year 1978.[4]
  5. Security Deposit Notice (PDF) – This security deposit notice must be provided to all tenants who have been asked to put down a security deposit before renting residential property.[5]
  6. Truth in Renting Act – Lease agreements must a) state the name and address where notices should be sent and b) contain the following statement[6]:

“NOTICE: Michigan law establishes rights and obligations for parties to rental agreements. This agreement is required to comply with the Truth in Renting Act. 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.”

Security Deposits

Maximum Amount ($) – A security deposit cannot exceed one and a half months’ rent.[7]

Collecting Interest – Collecting and distributing interest from security deposits is not mentioned in state law.

Returning to Tenant – A landlord has 30 days to return the security deposit to the tenant at the end of the lease.[8]

Itemized List Required? – Yes, if the landlord plans to use all or a part of the security deposit for repairing damages, an itemized list must be sent to the tenant along with any balance remaining.[9]

Separate Bank Account? – No, state law only requires landlords to hold security deposits at a “regulated financial institution.”[10]

Landlord’s Entry

General Access – State statutes do not specify how much notice a landlord must give their tenant before accessing the property.

Immediate Access – Landlord access in emergency situations is not mentioned in state law.

Rent Payments

Grace Period – There are no laws stating that a landlord must wait a certain number of days before charging a late fee.

Maximum Late Fee ($) – Michigan statutes don’t mention a maximum late fee amount.

Bad Check (NSF) Fee – If a tenant’s rent check bounces, they may be charged a $25 fee on top of the total rent amount if paid within 7 days or a $35 fee if payment is made within 30 days.[11]

Withholding Rent – Tenants may withhold rent and deposit it into an escrow account if a government agency suspends the property’s certificate of compliance due to unsafe or unhealthy living conditions.[12]

Breaking a Lease

Non-Payment of Rent – Tenants who fail to pay rent may be served a notice to quit giving them seven days to pay or vacate the premises.[13]

Non-Compliance – As long as it’s written in the lease agreement, the landlord may terminate a tenancy for non-compliance by providing 30 days’ notice.[14]

  • Exception: A tenant who causes a non-compliance that results in a health hazard or serious damage to the property can be served a 7-day notice to quit.[15]

Lockouts – Tenants who have been prevented access to their rental property may be entitled to recover monetary damages in addition to gaining re-entry.[16]

Leaving Before the End Date – A landlord’s remedies when a tenant abandons the rental property is not covered by state law.

Lease Termination

Month-to-Month Landlords and tenants have the right to end a monthly lease by providing one-month notice.[17]

Unclaimed Property – What to do with a tenant’s unclaimed property after abandonment or lease termination is not mentioned in state statutes.