There is a newer version
of
this Section
2022 Michigan Compiled Laws
Chapter 554 - Real and Personal Property
Act 348 of 1972 - Landlord and Tenant Relationships (554.601 - 554.616)
Section 554.614 - Termination of Landlord's Interest; Liability for Security Deposit.
Universal Citation: MI Comp L § 554.614 (2022)
554.614 Termination of landlord's interest; liability for security deposit.
Sec. 14.
Upon termination of a landlord's interest in a rental unit whether by sale, assignment, death, appointment of receiver or otherwise, the landlord or his agent is liable with respect to the security deposit, until the occurrence of any of the following:
(a) Transfer of the deposit to the landlord's successor in interest and written notification to the tenant by ordinary mail of the transfer and of the successor's name and address.
(b) Compliance with section 4 by the successor in interest.
(c) Return of the security deposit to the tenant.
History: 1972, Act 348, Eff. Apr. 1, 1973
Popular Name: Landlord-Tenant Act
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
