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Sec.?2. ?A landlord may require a security deposit for each rental unit. ?A security deposit shall be required and maintained in accordance with the terms of this act and shall not exceed 1 1/2 months' rent.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 554. Real and Personal Property § 554.602 - last updated February 09, 2022 | https://codes.findlaw.com/mi/chapter-554-real-and-personal-property/mi-comp-laws-554-602.html
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