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2021 Michigan Compiled Laws
Chapter 554 - Real and Personal Property
Act 348 of 1972 - Landlord and Tenant Relationships (554.601 - 554.616)
Section 554.602 - Security Deposit; Amount.
Universal Citation: MI Comp L § 554.602 (2021)
554.602 Security deposit; amount.
Sec. 2.
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.
History: 1972, Act 348, Eff. Apr. 1, 1973
Popular Name: Landlord-Tenant Act
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