Lease Template Updated December 30, 2024
A residential lease agreement in Arkansas is a vital legal document that clearly defines rental terms, payment details, property rules, and the responsibilities of both landlords and tenants. It protects the landlord's interests while ensuring compliance with Arkansas laws.
Our form includes:
Parties Identification
Lease Term
Rent Payment Terms
Security Deposit
Maintenance Responsibilities
State-Specific Disclosures
State-Specific Notices
These disclosures and addenda ensure compliance with state laws and protect both landlords and tenants.
Disclosure |
|||
|
Landlord's Name and Address
<p>Landlords must provide their name and address, as well as the property manager’s contact details, if applicable.</p>
|
Landlord's Name and Address
|
Landlords must provide their name and address, as well as the property manager’s contact details, if applicable. |
|
|
Lead Paint - Know Presence
<p>Applies to units built before 1978 where the presence of lead paint has been confirmed.</p>
|
Lead Paint - Know Presence
|
Applies to units built before 1978 where the presence of lead paint has been confirmed. |
|
|
Lead Paint - No Know Presence
<p>Applies to units where no evidence of lead paint is present or units built after 1978.</p>
|
Lead Paint - No Know Presence
|
Applies to units where no evidence of lead paint is present or units built after 1978. |
|
|
Condition of the Premises
<p>While not explicitly required by Arkansas law, it's advisable for landlords to document the property's condition at move-in to ensure fair handling of security deposits upon move-out.</p>
|
Condition of the Premises
|
While not explicitly required by Arkansas law, it's advisable for landlords to document the property's condition at move-in to ensure fair handling of security deposits upon move-out. |
|
|
Late/Returned Fees
<p>Arkansas law does not specify a cap on late fees but requires that they be reasonable. Returned check fees are capped between $10 and $16, depending on the reason for the returned check.</p>
|
Late/Returned Fees
|
Arkansas law does not specify a cap on late fees but requires that they be reasonable. Returned check fees are capped between $10 and $16, depending on the reason for the returned check. |
|
|
Mold Disclosure
<p>Arkansas law doesn't require landlords to disclose mold presence. Landlords are obligated to maintain habitable premises, which includes addressing mold issues promptly.</p>
|
Mold Disclosure
|
Arkansas law doesn't require landlords to disclose mold presence. Landlords are obligated to maintain habitable premises, which includes addressing mold issues promptly. |
|
|
Non-Refundable Fees
<p>Landlords must clearly disclose any non-refundable fees in the lease agreement to enforce them</p>
|
Non-Refundable Fees
|
Landlords must clearly disclose any non-refundable fees in the lease agreement to enforce them |
|
|
Smoking
<p>While not required by Arkansas law, it's advisable to include a smoking policy in the lease agreement to set clear expectations.</p>
|
Smoking
|
While not required by Arkansas law, it's advisable to include a smoking policy in the lease agreement to set clear expectations. |
|
|
Security Deposit Disclosure
<p>Arkansas law requires that security deposits not exceed two months' rent. Upon termination of the lease, landlords must return the security deposit within 60 days, providing an itemized list of any deductions for damages beyond normal wear and tear or unpaid rent.</p>
|
Security Deposit Disclosure
|
Arkansas law requires that security deposits not exceed two months' rent. Upon termination of the lease, landlords must return the security deposit within 60 days, providing an itemized list of any deductions for damages beyond normal wear and tear or unpaid rent. |
|
|
Flood Hazard Disclosure
<p>Arkansas law does not mandate landlords to disclose if a property is in a flood zone; however, it's considered good practice to inform tenants of potential flood risks.<br><br></p>
|
Flood Hazard Disclosure
|
Arkansas law does not mandate landlords to disclose if a property is in a flood zone; however, it's considered good practice to inform tenants of potential flood risks. |
|
|
Radon Disclosure
<p>Arkansas does not require radon disclosures. However, if a landlord is aware of elevated radon levels, it is prudent to inform tenants to ensure transparency and safety.</p>
|
Radon Disclosure
|
Arkansas does not require radon disclosures. However, if a landlord is aware of elevated radon levels, it is prudent to inform tenants to ensure transparency and safety. |
|
|
Bed Bugs Disclosure
<p>Arkansas does not have specific statutes requiring bed bug disclosures.</p>
|
Bed Bugs Disclosure
|
Arkansas does not have specific statutes requiring bed bug disclosures. |
|
Addenda |
|||
|
Pet Agreement
<p>Outline rules regarding pet types, sizes, behavior, and any associated fees or deposits.</p>
|
Pet Agreement
|
Outline rules regarding pet types, sizes, behavior, and any associated fees or deposits. |
|
|
Medical Marijuana
<p>Arkansas law allows the use of medical marijuana; however, landlords can set policies regarding its use on their property, including prohibiting smoking.</p>
|
Medical Marijuana
|
Arkansas law allows the use of medical marijuana; however, landlords can set policies regarding its use on their property, including prohibiting smoking. |
|
|
Shared Utilities
<p>Describe how utility charges are divided among tenants to ensure clarity on financial responsibilities.</p>
|
Shared Utilities
|
Describe how utility charges are divided among tenants to ensure clarity on financial responsibilities. |
|
|
Carbon Monoxide Alarm
<p>Arkansas law does not require the installation of carbon monoxide detectors in rental properties.</p>
|
Carbon Monoxide Alarm
|
Arkansas law does not require the installation of carbon monoxide detectors in rental properties. |
|
According to Arkansas Code § 18-17-301, landlords must disclose their contact information to tenants in the lease agreement. This is necessary for legal communication and maintenance requests.
Landlord Requirements:
In compliance with Title X federal regulations, Arkansas landlords must disclose all known lead-based paint hazards in older rental properties. This protects tenants from potential lead exposure.
Landlord Requirements:
The lease must document the property’s condition to protect both parties, under Arkansas Code § 18-17-502. This ensures clarity on pre-existing issues and responsibilities during and after the lease.
Landlord Requirements:
Explore lease agreement forms from other states to ensure compliance and simplify rentals.