In Michigan can a landlord from demanding more than one month rent as security deposit?

Full question:

I requested my tenant to pay me 1½ months rent as a security deposit. My tenant says that in Michigan, a landlord is not permitted to demand more than one month rent payment as security deposit. Is my tenant correct?

  • Category: Landlord Tenant
  • Subcategory: Security Deposit
  • Date:
  • State: Michigan

Answer:

In Michigan, a landlord may ask the tenant to pay an amount as security deposit which is not more than 1 ½ months’ rent. The relevant statutory provision in this regard is stated below.

MCLS § 554.602
 
“A landlord may require a security deposit for each rental unit. A security deposit shall be required and maintained in accordance with the terms of this act and shall not exceed 1 1/2 months' rent.”
 
In Michigan, a landlord is entitled to ask the tenant to give an amount as security deposit, which is not more than 1 ½ months’ rent.
 

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

In Michigan, the maximum security deposit a landlord can charge is 1½ months' rent. This limit is established by the Michigan Compiled Laws (MCLS § 554.602). It is important for landlords to adhere to this regulation when setting the amount for security deposits.