The bill amends the Truth in Renting Act by updating definitions and requirements for rental agreements in Michigan. It clarifies the meaning of "rent" and "rental agreement," specifying that a rental agreement must include essential terms such as the identity of the parties, description of the premises, rental period, total rental amount due, and any fees or charges imposed on the tenant. Additionally, the bill outlines prohibited provisions in rental agreements, including those that waive tenant rights, impose unreasonable fees, or alter terms without tenant consent.

Furthermore, the bill emphasizes that any fees charged by landlords must be reasonable and clearly disclosed, and it prohibits landlords from charging processing or convenience fees for services provided by public utilities. It also states that any clause in a rental agreement that violates these provisions is void. Overall, the amendments aim to enhance tenant protections and ensure transparency in rental agreements.

Statutes affected:
House Introduced Bill: 554.632, 554.633