Create Account

Landlord Question and Answer Forum

Forum / Other / Hold Deposit

How much is usually held as a hold deposit on a rental property in the state of Michigan?

Karen L, MI on Thursday, April 25, 2019

RE: Hold Deposit

One months rent. If you feel the renter is "high risk", then two months.

Posted by Matthew M, IL on Monday, May 6, 2019

Return to the Other Forum

Documents related to this forum

Highest Rated Discussions
Owner needs to move into an apartment that is being rented Author: Sheri B, MA Updated: 05/24/2016 Rating:
Property Inspection Checklist Author: margarita k, Updated: 02/19/2021 Rating:
Sueing tenants and right to enter when they are not home Author: Thomas M. K, NC Updated: 02/02/2016 Rating:
No-Shows Author: MelissaAndMartha O, NC Updated: 04/03/2019 Rating:
Generate Legal Documents Oline? Author: Johni M, FL Updated: 01/21/2013 Rating:

The forum is completely free to anyone! If you wish to post a message, you must log in. If you are not registered already, Join today to create a free account!

Any comments and opinions that are expressed by the users of this forum are solely those of the authors, and have not been reviewed or approved by ezLandlordForms.