An Arkansas lease agreement is a legally binding document between you, the landlord, and your tenant(s). You agree to rent out all (or a part of) your property, and they agree to the terms and conditions you lay out in the lease agreement.
Federal law mandates landlords in all states, including Arkansas, to add specific details to their lease agreements, such as tenant/landlord information, any known health hazards or risks, rent specifics, and pet-related rules.
By Type (6)
Room Rental Agreement
Outlines the terms and responsibilities of each tenant sharing a living space in a rental unit.
Commercial Lease Agreement
Establishes rental terms for retail, office, or industrial properties in the state.
Rent-to-Own Lease Agreement
Provides a tenant the option to potentially purchase the leased property.
Laws
Overview
Rent Control: No.
Limit on Late Fees: No.
Late Fees in Rental Agreement: Yes.
Grace Period: No.
License Required for Landlord: No.
Required Lease Disclosures
If you’re ready to rent your property, ensure your lease agreement complies with Arkansas regulations (Arkansas Code, Title 18, Subtitle 2).
- Disclosure Lead-Based Hazards: Arkansas landlords must make just one essential disclosure related to lead-based paint if the property was built before 1978 (Title 42 U.S. Code § 4852(d)).
Security Deposit
Landlords can charge up to two months’ rent for a security deposit unless they own fewer than five rental units (§ 18-16-304, § 18-16-303).
They must return the security deposit to their tenants within 60 days of the end of the lease (§ 18-16-305).
Landlord Right of Entry
A landlord doesn’t have to provide notice before entering their rented property. You should do so nonetheless (No statute).
Sample
You can download an Arkansas lease agreement template below in PDF or Word format.
