
Quoting
rualakerhellya
My question involves landlord-tenant law in the State of: Michigan.
I am going to move out of my apartment in approximately 45 days. When moved in I was told I could pay a refundable security deposit of 1.5 times my rent or pay a one time non-refundable fee called suredeposit. The agent acting on behalf of the landlord made it sound like insurance. I pay this fee and won't get it back but it covers your deposit and damages. Now that I am about to move out and looked into it I have come to discover I unwittingly purchased a security bond for the landlord.