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.
Mich. Comp. Laws § 554.602
Security deposit; amount
Applied in 2 court decisions — leading case 202 Mich. App. 92 - De Bruyn Produce Co. v. Romero (1993)
Most recently applied in 202 Mich. App. 92 - De Bruyn Produce Co. v. Romero (October 1993)
1972, Act 348, Eff
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.