The bill amends the Truth in Renting Act by updating Section 3 to clarify the restrictions on rental agreements. It specifies that a rental agreement must not include provisions that waive or alter remedies related to the condition of the premises, rights regarding security deposits, or any rights established under civil rights laws. Additionally, it prohibits clauses that exculpate lessors from liability, impose excessive legal costs on tenants, or allow lessors to unilaterally alter the agreement without tenant consent. New provisions have been added to prevent landlords from imposing additional charges for various payment methods and to ensure that tenants are not held liable for total accelerated rent payments without proper notice regarding damage mitigation.

Furthermore, the bill emphasizes that rental agreements must not contain clauses that have been prohibited by law or declared unenforceable by court decisions within 90 days prior to the agreement's execution. Any provision that violates these stipulations is deemed void. The amendments aim to enhance tenant protections and ensure fair rental practices in Michigan.

Statutes affected:
Senate Introduced Bill: 554.633