The relationship of landlord/tenant or lessor/lessee is created by contract. The person who owns the real property is known as the lessor or landlord. The lessee, or tenant, is the one who occupies the property.
Tenancies are classified by duration as tenancies for years, from year to year, month to month, and at will. A tenancy for years is one under which the tenant has an estate of definite duration. The term "for years" is used to describe such a tenancy even though the duration of the tenancy is for only one year or for less than a year. A tenancy from year to year or month to month is one under which a tenant, holding an estate in land for an indefinite duration, pays an annual, monthly, or weekly rent.
A Michigan Lease of Unfurnished House is a legally binding contract between a landlord and a tenant that outlines the terms and conditions of renting an unfurnished residential property in the state of Michigan. This document specifies the rights and responsibilities of both parties, ensuring a mutual understanding and protection. Key terms often included in a Michigan Lease of Unfurnished House are: 1. Parties: The lease identifies the landlord (property owner or management company) and tenant (individual or group) involved in the agreement. 2. Property Description: The lease provides a detailed description of the unfurnished house being leased, including its address, unit number (if applicable), and any special features or amenities. 3. Lease Term: This section outlines the duration of the lease, including the start and end date. It also mentions the potential for renewal or conversion into a month-to-month agreement once the original term expires. 4. Rent Payment: The lease specifies the amount of rent due, the preferred method of payment, and the due date. It may also include details about late fees, bounced check charges, or any other financial obligations. 5. Security Deposit: The lease outlines the amount of the security deposit required from the tenant, the conditions for its refund, and any deductions that may be made. 6. Utilities and Maintenance: This section explains which utilities or services are the tenant's responsibility and which the landlord covers. It may also outline the tenant's maintenance obligations, such as lawn care or snow removal. 7. Occupancy and Subletting: The lease defines who can legally reside in the property and whether subletting is permitted. It may require the landlord's written consent to sublet or assign the lease, protecting both parties' rights. 8. Repairs and Damages: It's common for the lease to describe the tenant's duty to report any necessary repairs promptly. Additionally, it may outline the tenant's liability for damages caused by negligence or intentional actions. 9. Rules and Regulations: This section provides information regarding any specific rules, regulations, or policies tenants must follow, such as pet restrictions, noise limitations, or smoking policies. 10. Termination Clause: The lease details the circumstances under which either party can terminate the agreement before its specified end date, such as non-payment of rent, violation of terms, or mutual agreement. Different types of Michigan Lease of Unfurnished House may include variations based on the length of the lease term (e.g., fixed-term lease, month-to-month lease), lease agreements for specific demographics (e.g., student housing lease), or special circumstances (e.g., lease agreements for subsidized housing). It is essential to review and understand the specific terms within each lease agreement as they may vary depending on the landlord or management company.
