“Wholesaling” Disclosure: A “wholesaler” must provide a disclosure to both the property seller and prospective buyer if a contract will be assigned. If the disclosure is not provided, the contract to purchase may be terminated without penalty prior to settlement.

Continuing Education Requirements: Continuing Education requirements for licensees are adjusted as follows: Fair Housing hours are increased from 1.5 to 2.0; BRAD and BRAD-SD classes are combined; commercial practitioners are required to complete 2.0 hours of ADA compliance; and broker supervision is reduced to 1.5 hours.

Wrongful Detainer for Squatters: This creates an expedited wrongful detainer process to assist with fraudulent possession of residential properties by squatters.

Eviction Notice Procedures: Landlords will provide notice to a tenant when a court has issued a warrant of restitution for a failure of a tenant to pay rent, a breach of lease, or a tenant holding over listing the initial date of eviction as set by the courts.

Pet Policy Disclosure: Landlords must provide the property's pet policy on the property's website and as part of an application form for a rental unit on the property.

Notice of Landlord Entry: A landlord must provide written notice to the tenant at least 24 hours prior to planned entry into the unit, unless an emergency exists. A landlord may only enter between the hours of 7:00 a.m. and 7:00 p.m., Monday through Saturday, or as agreed to by the tenant.

Late Payment Calculations: Landlords may charge a late penalty of 5% of the amount of the unpaid rent rather than of the total amount due.

Mortgage Loan Assumption: This bill requires banking institutions, credit unions, and mortgage lenders to include a provision in all conventional home mortgage loans that allows any of the existing borrowers to assume the mortgage in the event of a divorce. This applies to both new and existing mortgages.

Landlord and Property Owner Resources

Right of First Refusal:

Beginning October 1st of 2024, as part of the Renters Rights and Stabilization Act, requires landlords to provide written notice to tenants who have lived in a property for at least six months prior to the sale of a property. This notice must inform the tenant of their right to make a purchase of that property. This applies to residential properties with three or fewer units and documentation must be submitted to the Department of Housing and Community Development's Office of Landlord Tenant Affairs. Click to access this portal.

Tenants' Bill of Rights

Beginning July 1st, 2025, Landlords must include the Tenants' Bill of Rights in all residential leases. Click here to access that document. 

Mold

Beginning July 1, 2025, landlords must include an MDE written mold pamphlet, or provide the EPA's "Brief Guide to Mold, Moisture, and your Home".

An online version of the EPA's document can be found here. 

Entry into a Residential Leased Premises

Beginning October 1st, 2025, landlords may not enter a leased premises on Sundays, before 7AM and after 7PM, and only when "COMPLETING REPAIRS, MAINTENANCE, MODIFICATIONS,
RENOVATIONS, OR IMPROVEMENTS TO THE LEASED PREMISES; INSPECTING THE LEASED PREMISES; SHOWING THE LEASED PREMISES TO PROSPECTIVE OR ACTUAL PURCHASERS, MORTGAGEES, TENANTS, OR CONTRACTORS; OCCUPANTS; OR ENSURING THE PROTECTION AND SAFETY OF THE PROPERTY AND COMPLETING WORK ORDERED BY A GOVERNMENTAL ENTITY; OR IF APPROPRIATE, RESPONDING TO ANY OTHER WRITTEN REQUEST OF THE TENANT".

To enter, a landlord must, provide written notice. Only in the event of emergency to ensure the protection and preservation of the property or the protection and safety of occupants or the health safety and welfare of other tenants and staff, a landlord does not have to provide written notice.

View the law in its entirety here.