Arkansas Month to Month Rental Agreement Template

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The Arkansas Month-to-Month Lease Agreement provides a balanced contract between a landlord and tenant who prefer the security of a lease but not the permanence. As with any contract, this agreement will define the terms of a rental space for both the lessor and the lessee. It will solidify their roles as landlord and tenant in the eyes of state and federal law (once signed), and will require both to act in an appropriate manner. This means they will have to abide by the terms of the lease for the duration of the lease. This agreement will automatically renew every thirty days unless otherwise indicated. Thus, each party will enjoy the continuity of both living up to their respective roles. This is not to say the contract cannot be terminated.

A month-to-month rental arrangement can be terminated however it must follow a set procedure. The terminating party merely needs to issue thirty days’ notice of their intention to terminate the contract. This should be done in writing and delivered in a verifiable manner. This notice must be received thirty days prior to the termination date. This will give the remaining party an opportunity to avoid any financial troubles due to termination of this contract.

Minimum Termination Notice: Thirty (30) Days

Laws – § 18-17-704

How to Write

Step 1. The first spaces to fill out in this agreement will deal with the parties, date, and payment terms. Enter the Landlord’s name, Tenant’s name, and the lease date in the first paragraph. The next paragraph (titled “Premises”) requires the street address and city entered. Enter the date the lease agreement starts in the third paragraph (titled “Lease Term”). The “Lease Payments” paragraph must have the monthly amount to be paid spelled out and entered numerically. Following this should be the starting month and year. These sections will define the basic agreement at the heart of this lease.

Step 2.  The next few paragraphs will outline terms for noncompliance to the lease agreement. The first will be the “Late Charges” section where the grace period tenant is allowed before accruing a late charge/day for non-payment. The late charge per day amount must be reported near the end of this paragraph. Next, the dollar amount penalty for each bounced check will be reported in the “Insufficient Funds” section. Finally, the deposit amount must be reported in the “Security Deposit” section and the number of days has after receiving a notice to rectify a problem will be entered in the “Defaults” section.

Step 3. The next few sections will cover follow up subjects necessary for such a lease agreement to be considered complete. First, locate the “Occupants’” paragraph and enter the maximum number of people that are allowed to live in the rented area. Then, locate the “Utilities And Services” paragraph, where the Landlord financial responsibilities regarding this topic will be outlined via checkboxes and an additional space to write in.  The “Pets” paragraph, below this, will require the dollar amount required as a pet deposit.

Step 4. The last sections are the “Additional Terms and Conditions” this will have some odds and ends that should be considered in a lease in addition to the main subjects. If a Month-to-Month terminates naturally, the number of days before the termination date the landlord may advertise and show the space to new potential tenants will be entered in the “Display of Signs” section. The time period in a day where furniture may be moved in or out will be reported in the “Noise” section. The “Parking” paragraph will have a checkbox to denote if a tenant may use a parking space on the property. If so, the address of the parking space and the number of available parking spaces must be reported. Finally, the “Balconies” section will define what a tenant may use a balcony for via checkboxes.

Step 5. The closing area will give the binding effect of the signature lines. All parties participating in this lease. The Landlord and each Tenant must sign his or her name and must print the name below it.