Helpful tips

Can a landlord charge a late fee in Michigan?

Can a landlord charge a late fee in Michigan?

Landlords can accept online payments through Avail. Michigan has no laws regarding late fees or grace periods. Landlords should include fees in the lease if they wish to charge their tenant’s late fees. To ensure rent is paid on time every month, landlords should complete a thorough tenant screening.

How much can a landlord charge for a security deposit?

• Landlords can only charge up to one month of rent for a security deposit or “advance payment.” This applies to all residential rentals, with a few exceptions, whether you have a lease or not. ›This means that if you are moving into an apartment where the rent is $1500 a month, the most your landlord can charge for a security deposit is $1500.

Can a landlord refuse to pay the last month’s rent?

Clearly, the landlord will not be secured against the tenant’s nonpayment of the last month’s rent and damages caused by tenant. This is the LTA’s limitation that the court cannot sweep aside. Another question that can be answered with a fair degree of confidence has to do with pet deposits.

Can You charge last month’s rent in advance?

Since a pet deposit is to protect against damages, it together with any other sums so charged (e.g., security deposit, last month’s rent) must fall within the limitations posed by the LTA. So, what to do to protect against pet problems since we cannot charge additional security above the limitations?

What are the laws for landlords and tenants?

1. Landlord Tenant Rights – state-by-state breakdowns of the law that govern the rights and duties of landlords and tenants. Additionally, see our breakdowns of the main areas of landlord/tenant laws by topic area: Security Deposits – limits on the maximum deposit charge, deadlines for refunds and more.

• Landlords can only charge up to one month of rent for a security deposit or “advance payment.” This applies to all residential rentals, with a few exceptions, whether you have a lease or not. ›This means that if you are moving into an apartment where the rent is $1500 a month, the most your landlord can charge for a security deposit is $1500.

Since a pet deposit is to protect against damages, it together with any other sums so charged (e.g., security deposit, last month’s rent) must fall within the limitations posed by the LTA. So, what to do to protect against pet problems since we cannot charge additional security above the limitations?

Clearly, the landlord will not be secured against the tenant’s nonpayment of the last month’s rent and damages caused by tenant. This is the LTA’s limitation that the court cannot sweep aside. Another question that can be answered with a fair degree of confidence has to do with pet deposits.