A Michigan standard residential lease agreement is a document that legally binds a landlord and tenant to terms and conditions related to a rental property. In this video, we'll take a closer look at the Michigan Residential Lease Agreement for rental properties.You should fill out the Michigan apartment lease once you are ready to sign a lease contract. Leases differ somewhat in terms, but items that the parties may wish to include in a written lease agreement are: 1) Name and signature of the landlord;. A Michigan lease agreement is a rental contract drafted to substantiate an accord involving the use of real property. A Michigan standard residential lease agreement is the typical contract landlords use to rent out their residential property. A Michigan lease agreement allows a landlord to lease property to a tenant in exchange for rent. Creating your Michigan rental agreement doesn't have to be a burden. A Michigan lease agreement legally outlines a landlord's and tenant's rights and responsibilities in a rental arrangement. Tenant completing a Michigan rental application.