Housing: landlord and tenants; return of security deposit by electronic transfer; allow. Amends sec. 9 of 1972 PA 348 (MCL 554.609).

This bill amends an act regulating landlord-tenant relationships, specifically concerning security deposits. It allows landlords to return the difference between claimed damages and the security deposit to tenants via direct deposit or electronic transfer, rather than a check or money order, within 10 days of mailing the notice of damages. The bill also clarifies that the notice of damages must include a specific statement in boldface type about the tenant's 7-day response window.

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