Three people are all owners of the property and all three live there?
No, you will not need a rental license to do this as long as all three occupants can provide evidence of ownership equity of 25 percent or more of the fee or life estate evidenced by a recorded deed. Note that just placing the name of someone who is actually a tenant on the deed as an owner in an effort to circumvent the license requirement does not make the tenancy a legal one.

Only if all persons are a true owners would they qualify under the owner occupancy exception to the license requirement. Likewise, tenants made to look like owners through bogus land contracts are not considered owners for license purposes. They must meet the equity requirements of the code.

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1. If I buy a house, can my child or children live in it without me?
2. If I buy a house, can my child and a roommate live in it without me?
3. My child buys the house with me and is on the deed as a co owner. I will not be living there and my child wants one roommate?
4. My child buys the house with me and is on the deed as a co owner. I will not be living there and my child wants two roommates?
5. Two siblings buy a house and one or both are on the deed as co owners and want a roommate?
6. Three or more siblings buy a house and either one, two or all three are on the deed as co-owners and want to have an unrelated roommate?
7. Three people are all owners of the property and all three live there?
8. Four unrelated people (meaning at least one who is not related to all others) are all owners of the property and all four live at the house with ownership equity of 25 percent or more?
9. My sibling and I buy a house and we each want our children to live there together?
10. What are some other tips for looking at property in East Lansing?