Full question:
My landlord has asked me to pay 3 month’s rent as security deposit. Can a landlord demand three months rent as security deposit under the law prevailing in Michigan law?
- 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 the given instance, your landlord is not entitled to demand 3 month’s rent as security deposit.
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.
