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Rental Application – The Landlord can request a rental application from Tenants to verify the financial credentials. Once approved, both parties can sign the lease.
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 Standard Residential Lease Agreement
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 Simple (1-Page) Lease Agreement
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Most Recent US Home Facts
- Population (2023): 334,914,895
- Median Households (2022): 125,736,353
- Median Household Income (2022): $75,149
- Owner-occupied Households (2022): 64.8%
Source: U.S. Census Bureau
Michigan Lease Agreement Must Include the Following
Required Disclosures (6)
- Domestic Violence Victims Disclosure
- Inventory Checklist
- Lead-Based Paint Disclosure
- Notice Information
- Security Deposit Receipt
Security Deposit Requirements
Maximum – One and a half (1.5) months’ rent.
Return – 30 days to return the security deposit along with an itemized list of deductions and their forwarding address.
Return – 30 days to return the security deposit along with an itemized list of deductions and their forwarding address.
Source: § 554.602
Landlord Property Access
Landlords should provide reasonable advance notice except in an emergency.
Paying Rent
Grace Periods– There a rent grace period in Michigan.
Late Rent – If rent is not paid on time, the landlord can send a 7-day notice to quit.
NSF Fees – $25 per bounced check.
Source: § 600.2952
Michigan Rights: Squatters
What is Squatting?
Squatting, also known as “illegal occupancy” is when an individual lives on a property without the Landlord/Owners prior permission.
Is Squatting a Crime?
Yes, squatting is a crime in Michigan.
Michigan Standard Rental Lease Agreement Form Preview Sample
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