Boyne Falls, MI Security Deposit Laws 2026
Michigan limits security deposits to 1.5 month's rent. In Boyne Falls, that's $1,558 at the median 2BR rent of $1,039/month. Miss the 30-day return deadline and you could owe $2,078+.
In Michigan, landlords must return security deposits within 30 days after move-out. The maximum deposit is 1.5 month's rent. Failure to return on time or provide an itemized statement can result in penalties of $2,078 or more.
Key Takeaways — Boyne Falls Security Deposit Laws
- Maximum deposit: 1.5 month's rent = $1,558 at Boyne Falls's median rent
- Return deadline: 30 days after tenant moves out
- Penalty for late return: Up to 2x the deposit ($2,078)
- Itemized statement: Required with any deductions
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Security Deposit Laws in Boyne Falls
Under Michigan law, landlords in Boyne Falls may collect a maximum security deposit of 1.5 month's rent. At Boyne Falls's median 2-bedroom rent of $1,039/month, that means the most you can legally collect is $1,558.
$1,558
max deposit (1.5mo × $1,039)
30 days
return deadline
$2,078
max penalty for late return
Returning the Deposit: The 30-Day Clock
Once a tenant moves out of your Boyne Falls rental, Michigan law gives you exactly 30 days to either return the full deposit or provide an itemized statement of deductions. The clock starts on the day the tenant surrenders possession — not when you inspect the unit.
LeaseBase tracks this 30-day deadline automatically for each of your Boyne Falls properties.
Start free →What you can deduct from a security deposit in Boyne Falls:
- Unpaid rent
- Damage beyond normal wear and tear
- Cleaning costs to restore the unit to move-in condition
- Costs for restoring or replacing personal property (if lease allows)
What you cannot deduct:
- Normal wear and tear (minor scuffs, carpet wear, faded paint)
- Pre-existing damage (document with photos at move-in)
- Professional cleaning if the tenant left the unit in reasonable condition
Penalty Warning
Violate Michigan security deposit laws rules in Boyne Falls and you could owe $2,078+. At Boyne Falls's median rent of $1,039/month, even a single violation adds up fast.
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Start free →How Boyne Falls Rents Affect Deposit Amounts
Deposit amounts scale with local rents. Here's what Boyne Falls landlords typically collect:
| Unit Size | Median Rent (Boyne Falls) | Max Deposit (1.5mo) | Penalty Risk |
|---|---|---|---|
| Studio | $736/mo | $1,104 | $2,208 |
| 1-Bedroom | $800/mo | $1,200 | $2,400 |
| 2-Bedroom | $1,039/mo | $1,558 | $3,117 |
| 3-Bedroom | $1,445/mo | $2,167 | $4,335 |
Rents based on HUD Fair Market Rents (FY2026) for Charlevoix County.
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More Boyne Falls Landlord Laws
Security Deposit Laws in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
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Download Free ChecklistReviewed by Rachid Abadli
Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.
