What is the maximum security deposit in Michigan?

1.5 months' rent under the Security Deposit Act.

Does Michigan require a move-in checklist?

Yes. Landlords must provide a detailed inventory checklist documenting the unit's condition at the start of occupancy.

Lease Agreement for Michigan

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Michigan legal context

Michigan's landlord-tenant laws are primarily governed by the Truth in Renting Act and the Security Deposit Act. Security deposits are limited to 1.5 months' rent, and landlords must provide a detailed move-in checklist. Michigan does not have rent control.

What's required

Security Deposit Requirements
MCL §§ 554.601-554.616

What's prohibited

Waiver of Security Deposit Act protections
The Michigan Security Deposit Act (MCL § 554.601 et seq.) is a regulatory statute whose protections cannot be waived by agreement.

Key MI statutes

Security Deposit Act
Mich. Comp. Laws §§ 554.601-554.616
Limits security deposits to 1.5 months' rent and requires specific holding and return procedures.
Truth in Renting Act
Mich. Comp. Laws §§ 554.631-554.641
Requires lease agreements to use clear language and prohibits certain unconscionable provisions.

Michigan-specific considerations

1.5 Month Deposit Cap
Security deposits cannot exceed 1.5 months' rent under the Security Deposit Act.
Move-In Checklist Required
Landlords must provide a detailed inventory checklist of the unit's condition at move-in.
30-Day Deposit Return
Security deposits must be returned within 30 days with an itemized statement of deductions.
Truth in Renting
Lease terms must be in clear language and cannot include unconscionable provisions.