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Commonly Asked Questions about Michigan Property Management Forms

To become a licensed property manager in Michigan, obtaining a Real Estate Broker License is necessary. Eligibility typically requires a four-year college degree or relevant work experience as a licensed real estate salesperson.
To legally operate as a landlord in Michigan, you must apply for a rental license with LARA and obtain a landlord certificate from the local county clerks office. This certification process ensures that you meet the state requirements and are qualified to manage rental properties within Michigan.
In Michigan, property managers must often operate under a real estate brokers license if they are handling lease negotiations or property rentals. They must be at least 18 years old, complete 40 hours of pre-licensing coursework, and pass the real estate examination.
Michigan landlords who rent out their own property do not need a license from the state. They may, however, need to register their property with the local government. Registration generally requires an inspection and a certification that the property is safe for occupancy. It may also require a fee.
A property management company in Michigan mainly oversees a wide range of rental properties on behalf of property owners and landlords. They take care of maintaining the properties and work to maximize the owners profit. They also serve as intermediaries between property owners and tenants.
Average Property Management Fees in Michigan Combined tenant placement and management: Average rate of 70.3%. Lease renewal fees: Average flat rate of $217.86 and 20.0% of the first months rent. Inspection fees: Average cost of $92.80 each. Setup fees: Average of $200.00.
File a Complaint with the Michigan Department of Civil Rights (MDCR) The Michigan Department of Civil Rights (MDCR) enforces fair housing laws and investigates housing discrimination complaints. You can file a complaint online here or by calling 1-800-482-3604.