Renewing your lease can either be a smooth sail or uncharted waters fraught with potential pitfalls. For tenants in michigan residential lease agreement, understanding the specific regulations and processes around lease renewals can be the difference between locking in another year of secure living and finding yourself scrambling for a new place to call home. In this comprehensive blog post, we'll provide tenants in Michigan with a roadmap to guide them through the lease renewal process.
The lease document is your first point of reference when it comes to renewal. Start by understanding the current lease terms and what, if any, provisions exist for renewal. This should include the renewal notice period and any clauses that detail changes in rental rates, lease lengths, or terms. In Michigan, there are typically no statutory rules governing lease renewals for periods shorter than one year, but longer leases may require written notice of non-renewal from either the landlord or tenant.