Fill and Sign the Form Mi 864lt

U.S. Legal Forms, Inc. http://www.uslegalforms.com Form MI-864LT MICHIGAN RESIDENTIAL LEASE AGREEMENT This Residential Lease Agreement (hereinafter “Lease”) is entered into this the ____ day of _____________________, 20____, by and between the Lessor: ______________________________________, (hereinafter referred to as “Landlord”), and the Lessee(s): __________________________________________________________________________________. All Lessees (hereinafter referred to collectively as “Tenant”), are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease. For the valuable consideration described below, the sufficiency of which is hereby acknowledged, Landlord and Tenant do hereby covenant, contract and agree as follows: 1. GRANT OF LEASE: Landlord does hereby lease unto Tenant, and Tenant does hereby rent from Landlord, solely for use as a personal residence, excluding all other uses, the personal residence located in __________________ County, Michigan, with address of: ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________, including the following items of personal property: ________________________________________________________________________________________________ 2. NATURE OF OCCUPANCY: As a special consideration and inducement for the granting of this Lease by the Landlord to the Tenant, the personal residence described above shall be used and occupied only by the members of the Tenant’s family or others whose names and ages are set forth below: ________________________________________________________________________________________________________________________________________________ 3. TERM OF LEASE: This Lease shall commence on the ____ day of ___________________, 20____, and extend until its expiration on the ____ day of _________________, 20____, unless renewed or extended pursuant to the terms herein. A tenant who has a reasonable apprehension of present danger to him or her or his or her child from domestic violence, sexual assault, or stalking may have special statutory rights to seek a release of rental obligation under MCL 554.601b. 4. SECURITY DEPOSIT: Upon execution of this Lease, Tenant shall deposit the sum of $___________ to be held by Landlord as a security deposit for reasonable cleaning of, and repair of damages to, the premises upon the expiration or termination of this Lease, or other reasonable damages resulting from a default by Tenant. Tenant shall be liable to Landlord for all damages to the leased premises upon the termination of this Lease, ordinary wear and tear excepted. Tenant is not entitled to interest on the security deposit. Tenant may not apply the se
Ssufficient security deposit to personal use expenses. 4. Right of exit: for any period which begins when a tenant may lawfully terminate this lease and ends no earlier than ten days before the later of (a) the 30th day after the completion of such tenant's period of occupancy and (b) the 30th day of the lease on which the tenant may terminate occupancy under this lease, the tenant may terminate this lease by giving 3 days notice in writing at the address hereinafter mentioned to the landlord. Failure to give such notice will relieve a tenant of any obligation to pay rent for the remainder of the lease period if the termination occurs before the expiration of the lease. 5. Return of security deposit: upon termination of this lease for cause by tenant, the landlord shall, at the expense of lessee or landlord, deduct from the security deposit a sum not to exceed the rent and applicable taxes on the leased premises. If a tenant fails to pay such rent and any other portion thereof owing, the landlord may withhold that portion of the rental payment to which so due and may deduct any part thereof from the security deposit. 7. Return of personal property: at any time after the expiration of this lease agreement, lessee may return all property remaining on the leased premises to landlord. 8. Termination of lease: landlord may terminate this lease by giving 3 days notice in writing at the address hereinafter mentioned to the lessee, but any such notices shall contain a statement that the lease will not be valid if the notice is not received and that no further notice will be given under this lease or for any period prior to that period. 9. Change of terms: the landlord has the discretion to modify any term of this lease and, if the lease is for a term longer than one year, the landlord may require the lessee at the time of entering into any lease agreement with the landlord to pay a fee or commission to the landlord in accordance with this subsection. The following shall be considered notice of termination: 1. Notice from one month prior to the termination of a lease of the intent to terminate; 2. Notice from either party after the 30th day prior to the effective date of the termination of the lease of the intent to terminate; 3. The occurrence or the threat of the occurrence of physical or sexual abuse, neglect, assault, battery, burglary, robbery, theft or criminal mischief of the member or family residing in or visiting the residential premises on the day prior to the effective date of the termination of the lease;