Michigan Standard Residential Lease Agreement Template

Maximum Amount: 1.5 months’ rent (§ 554.602).

• Receipt Required? Yes, the landlord must issue a written receipt specifying the name and address of the financial institution holding the deposit within 14 days of move-in (§ 554.602).

Return Period: Within 30 days after the tenancy terminates and the tenant vacates (§ 554.609).

• Itemized List Required? Yes, if any portion of the security deposit is withheld, the landlord must mail an itemized list of damage claims and estimated repair costs within the 30-day return period. This notice must also inform the tenant that they have 7 days to respond in writing or forfeit the amount claimed (MCL § 554.609).

Domestic Violence Victims’ Rights Notice: The lease must contain specific statutory text informing tenants of their right to early lease termination if they face reasonable apprehension of danger from domestic violence, sexual abuse, or stalking (MCL § 554.601b). This disclosure is included in the Michigan Standard Lease Template.

Lead-Based Paint Disclosure: For residential structures constructed before 1978, landlords must distribute the federal EPA Lead Hazard Pamphlet (PDF) and disclose any known lead paint hazards prior to lease execution (MCL § 333.5451; 40 CFR § 745.113).

Move-In / Move-Out Checklist: Landlords must provide two blank copies of an inventory checklist at move-in, including a mandatory 12-point bold statement informing tenants of their 7-day completion window and their right to request a copy of the prior tenant’s termination checklist (MCL § 554.608).

Owner and Manager Identity: The written lease agreement must clearly state the full legal name and physical address to which official notices and legal service of process may be delivered to the property owner or an authorized agent (MCL § 554.603; MCL § 554.634).

Security Deposit and Forwarding Address Notice: Within 14 days of move-in, the landlord must issue a written disclosure stating the financial institution holding the deposit and the tenant’s obligation to provide a forwarding address within 4 days of vacating (MCL § 554.603).

Truth in Renting Act Disclosure: Every written residential lease in Michigan must include a prominent statement that explicitly references compliance with the Truth in Renting Act and advises tenants of their right to seek legal advice regarding lease provisions (MCL § 554.634). This disclosure is included in the Michigan Standard Lease Template.