The itemized statement Michigan requires when you keep any part of a deposit — due within 30 days under MCL 554.602, 554.609 — generated from the deposit settlement in your ledger, with every deduction, the refund and the statute already in it.
Pick the situation; the rule on each card is Michigan's statutory minimum — your lease can be more generous to the tenant, never less.
MCL 554.602, 554.60930 days (MCL 554.602, 554.609).
Unpaid rent and charges the lease allows, and damage beyond normal wear and tear. Not routine cleaning, repainting, or carpet wear from ordinary use. Each deduction must be itemized.
Yes: 1.5 months’ rent.
No.
The statement shows the balance owed and the tenant is liable for it. The in-app settlement posts the difference to accounts receivable so it is not forgotten.
Michigan landlord-tenant laws · Michigan lease template · Deposit return letters for all 50 states
Deductions, refund, deadline and the statute filled in from your ledger. Free.
Deadlines and rules are Michigan's statutory minimums as of 2026, reviewed against Michigan Compiled Laws, Security Deposits Act (Act 348 of 1972). General information for landlords, not legal advice; local ordinances can add requirements.