Michigan Senate Bill 1125 prohibits private equity firms from leasing single-family homes to residential tenants if they own five or more such properties within a single municipality or ten or more across the state. The bill defines a private equity firm as a corporation that pools capital from investors and manages real estate assets for profit, while broadly defining single-family homes to include detached houses, semidetached buildings, and units in multi-unit structures like duplexes or condominiums. Violations of this leasing restriction are subject to civil fines of up to $100,000, which can be pursued by county prosecutors or the state attorney general. Any collected fines must be deposited into a community housing stability fund, and the bill only takes effect if its companion measure, Senate Bill 1127, is also enacted into law.
Michigan Senate Bill 1126 prohibits limited liability companies that own 100 or more single-family homes in the state from leasing those properties to residential tenants. The bill defines a single-family home broadly to include detached houses, semidetached structures, and units within buildings where all units are owned by one person or each unit is individually owned, such as condominiums. Any company that violates this restriction faces a civil fine of up to $100,000, which must be deposited into the state's community housing stability fund. The bill takes effect only if its companion measure, Senate Bill 1127, is also enacted into law.
This bill, known as the Tenant Opportunity to Purchase Act, would allow tenants in Michigan to get the first chance to buy their rental homes or apartments before the landlord sells them to someone else. It requires landlords to offer the property to tenants at a price and terms that are at least as good as what a third-party buyer would get, or comparable to the property's appraised value if no other offer exists. The law applies to various types of rental units, including apartments and single-family homes, but excludes hotels, motels, and vacation rentals. Tenants can exercise this right individually or by forming an association representing a majority of the tenants in the building.
This bill establishes the "Tenants Right to Organize Act" in Michigan, granting residential tenants the legal right to form unions and collectively negotiate with landlords. It allows tenant groups to distribute literature, hold meetings in shared spaces, and organize canvassing efforts by non-tenant organizers, while prohibiting landlords from retaliating against tenants who participate in these activities. The legislation also sets specific penalties for landlords who interfere with organizing rights, including fines of up to $1,000 per violation and the requirement to pay reasonable attorney fees. By defining terms like "tenant union" and outlining permissible activities, the law aims to create a structured framework for collective bargaining within rental properties.
This bill amends Michigan's housing law to require landlords and building owners to provide relocation assistance to tenants living in hazardous or dangerous structures. The measure mandates that if an enforcing agency determines unsafe conditions exist due to a landlord's poor maintenance and orders the property vacated or demolished, the responsible party must pay the tenant three months of current rent. This financial aid must be issued within seven business days of the order and applies regardless of whether the tenant is up to date on rent payments. The provision ensures that this assistance is in addition to any other legal remedies available under existing housing laws.
This bill amends Michigan's Truth in Renting Act to require landlords to include a specific written notice in rental agreements regarding rent increases. The law mandates that landlords provide tenants with at least 90 days' written warning before any rent hike takes effect. Additionally, the bill updates the required text on rental contracts to ensure tenants are clearly informed of their rights under the act and instructed to seek legal help if needed. These changes directly affect landlords and tenants by standardizing how rent increase notices are communicated and ensuring they are prominently displayed in lease documents.
This legislative resolution asks the U.S. Department of Housing and Urban Development and the Michigan State Housing Development Authority to boost funding for maintaining, repairing, and building new subsidized housing. It also requests that these agencies ensure public housing authorities strictly follow federal and state laws regarding health, safety, and living conditions. As a non-binding resolution, it does not change laws or allocate money but serves to formally urge these organizations to take specific actions.
This bill updates Michigan laws regarding mobile home park tenancies by clarifying the specific reasons, known as 'just cause,' under which a landlord can legally evict a tenant. It directly affects tenants in mobile home parks and park operators by defining valid grounds for eviction, such as lease violations, nonpayment of rent after three occurrences in a year, property damage, or public safety issues. The legislation also introduces a new requirement for an in-person conference between the tenant and park operator within 20 days of an eviction demand, while ensuring tenants must continue paying rent until the legal process concludes. Additionally, the bill mandates that eviction judgments explicitly inform tenants of their right to sell their mobile home on the site within 15 days of losing their lease.
SB 795 requires landlords in Michigan to offer tenants the option of having their on-time rent payments reported to credit bureaus. Landlords must provide this option when a lease is signed and annually thereafter, with clear disclosure of fees (capped at $10/month or actual cost), opt-in/out procedures, and a 6-month waiting period after opting out. The law applies to most rental agreements but excludes small landlords with 15 or fewer units (unless they own multiple properties) and assisted housing developments. Tenants who opt in can build credit history, while landlords must follow specific disclosure rules and cannot charge fees for non-payment of the optional reporting fee.
SB 794 prohibits landlords from using algorithmic pricing software that incorporates nonpublic competitor data - such as actual rent prices or occupancy rates from other landlords - to coordinate rent pricing or enter into anti-competitive agreements. The bill defines "nonpublic competitor data" as information not widely available to the public and bans its use in software that advises landlords on rent amounts for prospective tenants. This directly affects landlords who rely on such tools to set or adjust rental rates. Violations would be treated as violations of Michigan's antitrust laws, potentially leading to penalties.
