Main Content Act 226 of 1988 friendly link printer friendly bills affecting mcl index link Search within this Statute for LEASING OF PRIVATE RESIDENTIAL PROPERTYAct 226 of 1988AN ACT to limit the powers of a local governmental unit regarding the leasing of private residential property. History: 1988, Act 226, Imd. Eff. July 5, 1988 The People of the State of Michigan enact: DocumentTypeDescription Section 123.411Section"Local governmental unit" defined; rent control prohibited; management and control of residential property; incentive to increase supply of certain residential property.