Michigan HB4995 prohibits landlords from using credit scores as the sole factor in lease eligibility and allows landlords to accept reusable.
Michigan HB4995 amends the landlord-tenant relationship law by prohibiting landlords from using a prospective tenant's credit score as the sole deciding factor for lease eligibility. Landlords must consider the tenant's ability to pay and suitability for tenancy. Landlords can accept reusable screening reports from tenants, which are consumer reports prepared within 45 days by a consumer reporting agency at the tenant's request and expense. If a landlord declines to accept a reusable screening report, they may charge a rental application fee of up to $25.00.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.