Updated April 14, 2023
An Arkansas rental application is to be completed by individuals who are applying for a rental property with a landlord or property manager. This rental form will gather all relevant information in one place to promote a level of organization. In addition, there is a credit/background/reference consent line which is mandatory to verify a candidate’s ability to fulfill the lease requirements. Utilizing such a structured application allows landlords to easily perform a background check while adequately safeguarding the tenant’s sensitive information.
Laws
- Application Fee – There is no limit on how much a landlord may charge (no statute).
- Security Deposit – Two months’ rent is the maximum that may be charged as a security deposit. This rule does not apply if the owner(s) collectively own five (5) or fewer residential properties (§ 18-16-304 & § 18-16-303).