Renting in Michigan can sometimes feel a bit like buying discount Stanley tumblers from a resale site that is definitely, probably, maybe legit (just don't ask how their prices are that low...). Gov. Whitmer recently signed two bills aimed at protecting renters from various nickel-and-diming things, so if you're a renter this could be really good news!
Here are Five Fast Facts on recent new renter laws in Michigan:
- ⛔ No Thanks - One new law requires rental agreements to include at least one payment method that doesn't charge an additional fee. You should be able to pay rent for free on your own computer, with only your cat judging you.
- 💨 Come Back Faster - The other new law lets landlords return security deposits through direct deposit, bringing it back much faster and easier. The check mailed to your old address, now occupied by a stranger named Gary, is finally not a thing.
- 🦄 Everybody Now - Both bills passed with strong bipartisan support. In today's politically divided climate, it's basically the equivalent of a legislative unicorn.
- 📝 Package Deal - There were actually four bills signed into law. The other two included restrictions on insurance "price optimization" and an anti-kickback statute. We're not sure how any kickback at all should be legal these days, but better late than never...?
- ⏱️ Instant Benefit - These new laws took effect immediately after signing back in September. So go read your lease today! It might not be "light reading" but it could provide some great benefits!
🔥Bottom line: Michigan's new laws won't magically make rent cheap or turn every landlord into your favorite uncle, but they do take aim at some of the little charges that make a tight budget feel like a leaky canoe. Raise a glass of whatever you can still afford, right?
What do you think of these new laws?
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