The bill amends the existing law regulating landlord-tenant relationships in Michigan, specifically focusing on the handling of security deposits and the notification process regarding damages. It mandates that landlords must send a notice of damages to tenants within 30 days after the termination of occupancy, which must include an itemized list of damages and the estimated repair costs. Additionally, the notice must be accompanied by a check or money order for the difference between the claimed damages and the security deposit, unless the landlord opts to use direct deposit or electronic transfer methods for this payment.

Furthermore, the bill introduces specific requirements for the notice of damages, including a statement that must be prominently displayed, informing tenants of their obligation to respond within seven days to avoid forfeiting the claimed amount for damages. The amendments also clarify that landlords cannot include damages previously claimed on a termination inventory checklist prior to the tenant's occupancy. Overall, these changes aim to enhance transparency and communication between landlords and tenants regarding security deposits and damage claims.

Statutes affected:
Senate Introduced Bill: 554.609
As Passed by the Senate: 554.609