Updated August 07, 2023
A Michigan Termination Lease Letter Form is a reusable template that may be used to end qualifying lease agreements. There are only a few circumstances for the legal termination of a lease. Michigan Compiled Laws, Section 554.134, names these circumstances that allow for the termination of a lease. Generally speaking, most of the time this letter form will be used involves the termination of a Month-to-Month lease. In such a case, either party may terminate the lease at any time, however, thirty days’ notice must be given to the remaining party. Such a precaution will aid in preventing the remaining party or recipient of this letter, the opportunity to recoup any losses from the termination of the lease and hopefully avoiding needless hardships. This requirement will balance the freedom a Month-to-Month lease will afford the parties engaged in it.
When filling out this document, make sure to pay attention to the section that applies to you. The primary difference is that a Tenant should furnish a method for the Landlord to send the security deposit. This may be considered a straightforward form letter which should be delivered in a responsible and timely manner.
Minimum Time-Period – One (1) Month.
Laws – M.C.L.A. 554.134