Rent Collection & Related Fees in Michigan. The following laws apply to the collection of rent and related fees: Grace Period: Landlords are not required to provide a grace period for the payment of rent before charging a late fee. Maximum Late Fee: No limit, except it must be reasonable.

A fee is money that you charge a tenant that is not refundable. Some examples of fees are pet fees and cleaning fees. Limits on Security Deposit Amounts. Michigan law sets a limit on security deposits. The most you can ask for a security deposit is one-and-one-half times the monthly rent.

Michigan law requires that landlords set occupancy limits depending on the type of property the landlord owns. Generally, the maximum number of adults that a landlord may allow to occupy a dwelling is three times the number of bedrooms in the premises.

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