The Michigan rental lease agreements are designated for a landlord and tenant to come to an agreement over the use of commercial or residential space for an agreed-upon monthly payment. All landlords are encouraged to have their potential tenants undergo a full credit check and reference verification through a rental application before a lease agreement will be drafted. Once a background check has been completed, the landlord will decide if a security deposit is necessary and what the amount will be (if applicable). Once both parties have agreed to all terms and conditions, the agreement should be signed immediately.
Michigan Rental Lease Agreement Templates | PDF | Word
Michigan Lease Agreements
The Michigan standard residential lease agreement is designated for a lessor (the property owner/manager) and lessee (the tenant) who would like to come together and make a binding contract for the rental of a livable property. Both parties must always follow State laws regarding landlord-tenant relationships (See a Practical Guide for Tenants and Landlords) and the landlord will commonly require a rental application be filled-in by the potential lessee prior to moving in. Included in the lease document will be…
The Michigan seven (7) day notice to quit (Form DC 100c) is designated for landlords seeking to notify a tenant that their rent is past due and they may face eviction if they do not pay. The form must be served according to the State’s legally mandated process (see instructions) to be effective. The tenant, after being served, has seven (7) days to pay the amount due or vacate the property. When is Rent Due? – No statute. However, this…
The Michigan rental application is a form given to a potential lessee of a commercial or residential property. Depending on the landlord/property manager, one or all of the following may be requested: Non-Refundable Fee Driver’s License Number (#) Social Security Number (SSN) Full Credit Check (authorization needed from lessee) Employer and Previous Lessor References Once this verification is complete, and the individual is approved, the landlord will draft an agreement to the specifications agreed upon by both parties. At this…
A Michigan month-to-month lease agreement allows for a property owner and tenant to come to a rental arrangement that has no set end date and may be terminated or altered by either party with at least one (1) month’s notice. Even though this type of agreement may be terminated with little notice, the eviction process remains the same as that of a standard one-year lease agreement. Therefore landlords are recommended to have a rental application completed by every potential tenant….
The Michigan commercial lease agreement commits a landlord and a business tenant to a binding contract for retail, office, or industrial space. Property-related expenses will be paid by the landlord, the tenant, or split between both parties as defined in the lease. Every business should be reviewed through a rental application and verified with the Secretary of State’s online database. The term of a commercial lease is usually two (2) or three (3) years because the property owner will typically…
The Michigan sublease agreement is a form designated for tenants under a rental contract (the “sublessor”) that allows them to rent out space to another individual (called a “sublessee” or “subtenant”). A sublease is typically set up in one of the following ways: Standard Sublease – The act of a tenant renting the ENTIRE SPACE to someone else in exchange for monthly rent. Roommate – The act of a tenant renting SHARED SPACE to someone else in exchange for monthly…
Domestic Violence Rights (§ 554.601b) – The following statement must be in the lease agreement or posted in the residence:
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.
Notice (§ 554.634) – Landlord must provide an address where official notice may be given/sent.
Truth in Lending (§ 554.634) – The following statement must be in every lease agreement
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 Deposit Notice (§ 554.603) – Landlord must state the bank name and location of where the funds are being held. Also, the tenant must provide the landlord, within four (4) days of vacating, the forwarding address to send the deposit at the end of the lease term.
Maximum (§ 554.602) – Landlords can demand up to one and a half (1.5) months' rent as a security deposit from their tenants.
Returning (§ 554.609) – A landlord must return the security deposit within thirty (30) days along with an itemized statement of any deductions (if applicable).
There is no statute defining the amount of notice that a landlord must provide a tenant before they are able to enter the property meaning it is not required but recommended.