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Arkansas Standard Residential Lease Agreement

An Arkansas standard residential lease agreement is a legally binding contract that allows a tenant to occupy a property in exchange for monthly rent. A typical agreement outlines the landlord's and tenant's rights and responsibilities.
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Rental Application – Used by landlords to verify a prospective tenant’s financial circumstances and ability to pay rent.

Required Disclosures (3)

1. Lead-Based Paint Disclosure & EPA Pamphlet – The landlord must inform the tenant of the possibility of lead-based paint on the premises if built before 1978.[1]

2. Landlord’s Name & Address – It is required that the names and addresses of all signers be mentioned in the lease.[2]

3. Move-In Inspection Form – The landlord must disclose any defects to the utilities and services to the property, including electricity, potable drinking water, sanitary sewer systems, plumbing, roof, structure, heating, and air conditioning systems.[3]

Security Deposit Laws

Maximum Amount – A landlord may not require a security deposit exceeding two months’ rent.[4]

Returning to Tenant – The landlord must return the deposit within 60 days of the termination of the lease agreement.[5]

  • Itemized List – The landlord is required to mail an itemized list of any deductions made from the security deposit via first-class mail to the tenant’s forwarding address.[6]
  • Unable to Locate Tenant – If the payment is returned and the landlord cannot locate the tenant, then after 180 days, the deposit becomes the landlord’s property.[7]

Rent Payment Laws

Grace Period – Not specified in state law.

Late Fee – Not specified in state law.

NSF Fee – If a tenant’s rent check bounces, the landlord can charge a fee of $30 per check.[8]