The bill amends the "Truth in Renting Act" by updating definitions and requirements related to rental agreements in Michigan. It introduces a new definition of "rent" to include essential services necessary for the use or occupancy of a rental unit, such as heating, plumbing, and pest control. Additionally, it clarifies the components that must be included in a rental agreement, such as the identity of the parties, a description of the premises, the rental period, and the total rental amount due. The bill also specifies that rental agreements must not contain provisions that waive tenant rights or impose unreasonable fees, and it prohibits landlords from altering agreements without tenant consent.

Furthermore, the bill outlines specific prohibitions on rental agreement clauses, including those that would waive legal remedies, impose excessive fees, or require arbitration for disputes. It mandates that landlords cannot charge additional fees for various payment methods and must allow at least one method of payment without incurring extra charges. The bill also emphasizes that any provision violating these stipulations is void, reinforcing tenant protections and ensuring fair rental practices in Michigan.

Statutes affected:
Senate Introduced Bill: 554.632, 554.633