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MI SB0022
Bill
AI Summary
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Allows landlords to return security deposit balances to tenants via direct deposit, electronic transfer, or internet/mobile payment applications instead of requiring a check or money order
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Requires landlords using electronic payment methods to deposit the refund amount within 10 days after mailing the notice of damages
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Maintains the existing requirement that landlords must mail an itemized notice of damages within 30 days after termination of occupancy
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Requires the notice of damages to include a boldfaced statement informing tenants they must respond within 7 days or forfeit the amount claimed for damages
Legislative Description
Housing: landlord and tenants; return of security deposit by electronic transfer; allow. Amends sec. 9 of 1972 PA 348 (MCL 554.609).
Housing: landlord and tenants
Last Action
Placed On Order Of Third Reading
6/17/2025