Landlord Tenant Closing Statement to Reconcile Security Deposit - Michigan 2026

1. Click ‘Get Form’ to open the Landlord Tenant Closing Statement in the editor.
2. Begin by entering the Landlord's name and the leased premises address at the top of the form. This establishes who is involved in the agreement.
3. Fill in the tenant information, including names, forwarding address, and new phone number. This ensures that all parties can be contacted regarding the security deposit.
4. Input the security deposit amount paid, along with any other deposits or rent credits. This section summarizes what has been paid and credited towards the lease.
5. List any charges against the deposit, such as cleaning charges or damage repairs. Be specific to avoid disputes later.
6. Calculate total charges, including unpaid rent and late fees. This will help determine what is owed to either party.
7. Finally, indicate amounts due to both tenant and landlord, ensuring clarity on financial transactions. Don’t forget to sign and date the document before sending it off.

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