{"data":{"id":"us-mi/mich.-comp.-laws-445.957","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 445.957","heading":"Prohibited requirements.","body":"Sec. 7.\n\nA lessor shall not require any of the following:\n\n(a) The purchase of insurance by the lessee from the lessor of a leased item.\n\n(b) A payment that is in excess or in addition to a normal periodic payment and that is required in order to purchase a leased item at the conclusion of the periodic payments necessary to acquire ownership.\n\n(c) A penalty for early termination of a rental-purchase agreement or for the return of an item at any point.\n\n(d) A processing fee of any sort.\n\n(e) A fee for in-home collection of a payment unless the lessee has expressly agreed to the fee and the amount of the fee is disclosed.\n\n(f) A periodic payment or late fee for a rental period beginning after the lessee has returned or surrendered the leased property to the lessor or the lessor's agent.\n\n(g) Any charge or fee for reinstatement of the rental-purchase agreement in addition to or in excess of those expressly permitted in section 8.","path":["MI Code","Chapter 445","Act Act-424-of-1984"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-445-957","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"014f76a1515df0975644c8b2754ae228b2c6d958cbaeb242ca447653e13fbd28","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-445.956","next":"us-mi/mich.-comp.-laws-445.958"},"notice":"GroundRules: Original legal text. Not legal advice."}