A Michigan month-to-month lease agreement is a flexible option for both landlords and renters since the contract can be renewed after each payment or terminated with a 30-day notice from either the landlord or the tenant. Known as tenancy at will, the month-to-month lease option is similar to a standard lease because it requires a background check and security deposit and must be signed for by both parties to make it legally binding.
A Michigan month-to-month lease agreement is a flexible option for both landlords and renters since the contract can be renewed after each payment or terminated with a 30-day notice from either the landlord or the tenant. Known as tenancy at will, the month-to-month lease option is similar to a standard lease because it requires a background check and security deposit and must be signed for by both parties to make it legally binding.
Termination Notice – The landlord or tenant must give a one-month notice before terminating the lease agreement. (§ 534.134(1))
Increasing Rent – A 30-day notice must be given to the tenant if the landlord wishes to increase rent.
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