What are the purposes for which the security deposit may be used under the Michigan law?
Full Question:
My rental agreement is ending this year. I had given some amount to my landlord as security deposit in the beginning of the lease term. What are the purposes for which the security deposit may be used under the Michigan law?
01/13/2017 |
Category: Landlord Ten... ยป Security Dep... |
State: Michigan |
#30096
Answer:
MCLS § 554.607 states:
“A security deposit may be used only for the following purposes:
(a) Reimburse the landlord for actual damages to the rental unit or any ancillary facility that are the direct result of conduct not reasonably expected in the normal course of habitation of a dwelling.
(b) Pay the landlord for all rent in arrearage under the rental agreement, rent due for premature termination of the rental agreement by the tenant and for utility bills not paid by the tenant.”
