SUMMARY OF SENATE BILL 196 as introduced 2-1-95:

The bill would amend the Revised Judicature Act to specify that, in an action brought by a landlord to recover a money judgment or a security deposit or the balance of a security deposit under the landlord-tenant Act, the landlord could be represented by a licensed real estate broker, associate real estate broker, or real estate salesperson if both of the following applied:

-- The broker, associate broker, or salesperson acted as the landlord's agent pursuant to a written agreement, or was employed by a corporation, partnership, or other legal entity that acted as the landlord's agent, in renting or managing the rental unit for which the contested security deposit was required.

-- The broker, associate broker, or salesperson had direct and personal knowledge of the facts in dispute.

MCL 600.8408 Legislative Analyst: P. Affholter

FISCAL IMPACT

The bill would have no fiscal impact on State or local government.

Fiscal Analyst: L. Nacionales-Tafoya

S9596\S196SA

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.

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