Truth in Renting Act Disclosure (No. 554.634): The lease agreement must provide a prominent opinion on the Michigan Truth in Renting Act. You will find the exact text and specifications in section 554.634 of the Truth Act. Colocs – A contract reserved for roommates that provides information on the issues related to the rental contract, the number of guests authorized to pay the rent. Usually used as a non-formal agreement. This is a good example of the provisions that a simple lease could contain and the form that should be taken in its final form. The typical lease below describes a contract between “Lord of the Land” Vivian Wong and “Tenant” Nick Dennings. He agrees to rent a condo in Detroit for $US 900.00 per month for a limited time, which will begin on June 19, 2017 and end on December 19, 2017. The tenant agrees to pay for all services and services for the premises.

Sometimes your landlord can change the terms of the lease, even if you don`t agree. Your landlord can only change your lease if it is: Termination lease letter – Allows a lessor or taker to terminate a contract from month to month with at least one (1) month`s termination period before the next payment period (p. 554.134). Monthly rental contract for months – A rental contract at your convenience. 554.134. The contract may be terminated within one (1) month. A landlord must include a notification of the Michigan Truth in Renting Act, which governs leases and describes specific statements and provisioning prohibitions in leases and leases. (No. 554.634) Sublease Contract – Designed for a tenant in a standard lease and wishes to rent the property to another person for the rest of his life. As a general rule, the landlord must consent to this type of rent. Check your rental to see if there are any subletting restrictions.

Some lizards don`t allow it. Others are subject to the agreement of the owner of the subtenants. If you are considering subletting, check your rental agreement to see what is needed and receive information about subletting rules from a lawyer or legal aid agency. Use the Legal Aid or Community Services Guide for a list of places that can help. Inventory Checklist (No. 554.608): Landlords who apply for a security deposit from tenants must use a checklist at the beginning and termination of the lease to describe the condition of the property in these circumstances.