Section 554.602 Security Deposit; Amount.

MI Comp L § 554.602 (2019) (N/A)
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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