Michigan Lease Agreement
This Lease Agreement ("Agreement") is entered into as of [Date], by and between [Landlord's Name] ("Landlord") and [Tenant's Name] ("Tenant"). This Agreement is governed by the laws of the State of Michigan.
Property Address: [Full Address of the Property]
1. Lease Term: The lease term shall commence on [Start Date] and shall end on [End Date]. This Agreement may be renewed upon mutual consent.
2. Rent: Tenant agrees to pay Landlord a monthly rent of [Amount in Dollars]. Rent is due on the [Due Date] of each month. Late payments may incur fees as outlined in section 4.
3. Security Deposit: Tenant shall pay a security deposit of [Amount in Dollars] prior to moving in. This deposit will be held by the Landlord in accordance with Michigan law.
4. Late Payment Fees: If rent payment is not received within [Number of Days] days of the due date, a late fee of [Late Fee Amount] will be applied.
5. Utilities: Tenant is responsible for paying the following utilities:
- Water
- Electricity
- Gas
- Internet
6. Maintenance and Repairs: Tenant agrees to keep the premises clean and in good condition. Landlord will be responsible for major repairs as required by law.
7. Termination: Either party may terminate this Agreement with a written notice of [Number of Days] days. Terms for lease termination are consistent with Michigan law.
8. Governing Law: This Agreement shall be construed in accordance with the laws of the State of Michigan.
9. Signatures: By signing below, both parties agree to the terms of this Lease Agreement.
Landlord Signature: _________________________ Date: _________________
Tenant Signature: _________________________ Date: _________________