Sec. 5. For the purposes of this act and any litigation arising thereunder, the security deposit is considered the lawful property of the tenant until the landlord establishes a right to the deposit or portions thereof as long as the bond provision is fulfilled, the landlord may use this fund for any purposes he desires. History: 1972, Act 348, Eff. Apr. 1, 1973 Popular Name: Landlord-Tenant Act
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