Residential Rental Lease Agreement - Michigan 2025

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  1. Click ‘Get Form’ to open the Residential Rental Lease Agreement - Michigan in the editor.
  2. Begin by filling in the date at the top of the form, followed by the names of both the Landlord and Tenant(s). Ensure all parties are clearly identified.
  3. In the 'Grant of Lease' section, specify the address of the rental property and any included personal property. This is crucial for clarity on what is being leased.
  4. Complete the 'Nature of Occupancy' section by listing all individuals who will reside in the property, ensuring compliance with occupancy limits.
  5. Fill out the 'Term of Lease' section with start and end dates. Be mindful of renewal options if applicable.
  6. Enter details regarding the security deposit, including amount and financial institution information where it will be held. This protects both parties.
  7. Specify rent payment details, including amount, due date, and acceptable payment methods. Clear communication here can prevent future disputes.
  8. Review all sections for accuracy before saving your document. Utilize our platform's features to sign electronically and share with involved parties for their signatures.

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Gross Lease: In a gross lease, the tenant pays a fixed amount of rent to the landlord, and the landlord is responsible for all property expenses, including property taxes, insurance, and maintenance costs. This type of lease is commonly seen in residential properties and some commercial leases.
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.
Fixed-term lease It is the most common type of residential lease, giving landlords reliable rental income and reduced vacancy rates. Many landlords prefer this lease type as it provides long-term financial security and minimizes tenant turnover.
Here are some examples of things landlords cannot do: Use force or threaten to use force to make a tenant leave or keep them out of their home. Enter the home without a tenants permission in non-emergency situations. Remove, withhold, or destroy the tenants property.
The three most common types of leases are gross leases, net leases, and modified gross leases. The Gross Lease. The gross lease tends to favor the tenant. The Net Lease. The net lease, however, tends to favor the landlord. The Modified Gross Lease.
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People also ask

Assured shorthold tenancy agreement The most common form of tenancy and most new tenancies are automatically this type. Also known as an AST or contract. Landlords can only ask you to leave or evict you with a court order.
Does a Michigan lease need to be docHubd? No, a Michigan lease does not need to be docHubd to be legally binding.

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