Need a Property Rentals / Apartments For Rent Contract in Michigan? AroundWire Can Help

In Michigan, contracts for property rentals and apartments for rent are governed primarily by the Michigan Truth in Renting Act (MCL 554.631 et seq.), which outlines mandatory disclosures and prohibits certain lease provisions. Key contract features include clear statements of rent amount, payment schedules, security deposit terms (with deposits capped at 1.5 months’ rent), and responsibilities for repairs and maintenance. Landlords must provide tenants with a written inventory checklist at move-in and comply with local habitability and safety codes. Michigan law requires landlords to hold security deposits in a financial institution and provide written notice of the location. There is no statewide licensing for landlords, but local municipalities (such as Detroit or Grand Rapids) may require rental property registration or inspections. Insurance requirements typically oblige landlords to maintain property and liability coverage; tenants are often encouraged but not required to carry renters’ insurance. Common risk factors include tenant default, property damage, and non-compliance with local ordinances. Payment terms are usually monthly, with late fees and grace periods specified in the lease. Dispute resolution is generally handled via Michigan’s district courts, though some leases may include clauses for mediation or alternative dispute resolution. Lease agreements must not include unlawful clauses, such as waiving the tenant’s right to a jury trial or to withhold rent for serious repairs. Compliance with federal fair housing laws and Michigan’s Elliott-Larsen Civil Rights Act is essential.