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 requires landlords to send tenants a notice of damages within 30 days after the termination of occupancy, which must include an itemized list of damages and the estimated repair costs. Additionally, the bill stipulates that this 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 electronic payment methods.

Furthermore, the bill mandates that the notice of damages must include a specific statement in boldface type, informing tenants that they must respond within 7 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