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What is the security deposit limit for renting in Michigan?

What is the security deposit limit for renting in Michigan?

Full question:

I am renting out an apartment in Michigan to a family. The rent decided is $1000 per month. Since it is a family of 7 with 5 kids and the possibility of damages to my rental unit is higher, I feel that I need to ask for a security deposit of $2000. Is there any limitation for the amount sought as security deposit in Michigan?

Category: Landlord Tenant
Subcategory: Security Deposit
Date: 04/07/2025
State: Michigan

Answer:

In Michigan, landlords can require a security deposit for residential leases, which typically covers damages beyond normal wear and tear and unpaid rent. According to Mich. Comp. Laws § 554.602, a security deposit cannot exceed one and one-half months' rent. Therefore, for a rent of $1,000 per month, the maximum security deposit you can charge is $1,500.

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

What is an itemized list of damages?

An itemized list of damages is a detailed account provided by a landlord that outlines specific damages to a rental property. This list typically includes descriptions of each damage, the estimated cost of repairs, and any deductions from the security deposit. In Michigan, landlords are required to provide this list within 30 days after a tenant moves out if they intend to withhold any portion of the security deposit for damages. This ensures transparency and allows tenants to understand the basis for any deductions. *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.*

What is the most a landlord can charge for a deposit?

In Michigan, the maximum amount a landlord can charge for a security deposit is one and one-half months' rent. For example, if the monthly rent is $1,000, the highest security deposit a landlord can request is $1,500. This limit is set by Mich. Comp. Laws § 554.602 to protect tenants from excessive charges. *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.*

Can a landlord charge a cleaning fee after you move out in Michigan?

In Michigan, a landlord cannot charge a cleaning fee after a tenant moves out unless it is for cleaning beyond normal wear and tear. If the property requires excessive cleaning due to the tenant's actions, the landlord may deduct those costs from the security deposit. However, they must provide an itemized list of any charges related to cleaning. Regular cleaning is considered part of the landlord's responsibility to maintain the property. *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.*

What is the most a landlord can charge for security deposits?

In Michigan, the most a landlord can charge for a security deposit is one and one-half months' rent, as per Mich. Comp. Laws § 554.602. This means if your monthly rent is $1,000, the maximum security deposit you can be charged is $1,500. This law is designed to protect tenants from excessive security deposit requirements. *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.*

How much can a landlord charge for a security deposit in Michigan?

In Michigan, a landlord can charge a security deposit up to one and one-half months' rent. For instance, if the rent is $1,000 per month, the maximum security deposit allowed would be $1,500. This regulation is outlined in Mich. Comp. Laws § 554.602, ensuring that security deposits remain reasonable and fair for tenants. *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.*

Can a landlord charge for painting in Michigan?

In Michigan, landlords may charge for painting if it is necessary due to damages caused by the tenant beyond normal wear and tear. Regular repainting due to age or typical use is the landlord's responsibility. If a tenant has caused significant damage that requires repainting, the cost can be deducted from the security deposit. An itemized list of such charges must be provided to the tenant. *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.*