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A Michigan month-to-month lease agreement is between a landlord and tenant for the renting of residential property without an end date. The lease will continue for an indefinite period until either the landlord or tenant decide to terminate by sending a notice to the other party.
It's not necessary. Typically, one of the parties may request to have the document signed and notarized, but it's not required by Michigan laws.
Leases don't have to be in writing. But if a lease is written, it must include the name and address where the landlord will notify the tenant of changes to the lease. The lease must tell tenants they must give the landlord a forwarding address in writing where they can be reached within four days after moving out.
No. Michigan Lease Agreements do not need to be notarized. The Rental Contract is legally binding as long as it's signed by both the Landlord, or the lessor, and the Tenant, or the lessee.
A valid business lease will include the time period of the contract, information regarding how to renew the lease, and specific provisions on how either party may be able to stop the lease early.
The following situations may allow a tenant to break their lease, as long as they get them approved by a court first: Repeated violations of the lease agreement. Using a contract that's deemed illegal. Not being able to provide mandatory disclosures as the law requires.
Essential Elements of a Lease Date of the instrument: The date in which the lease is executed and not necessarily the date of its commencement. Identity of the parties: The full names of the lessor and the lessee. Capacity to contract: The lessor and the lessee must have legal capacity to enter into a contract.
Contract between the tenant and landlord, transferring possession and use of the rental property. (See sample Residential Lease Agreement, page 32.) A lease can be written or oral, but a written lease provides the best protection for both the landlord and the tenant.