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Arkansas Landlord in Form

Arkansas Landlord in Form

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[Music] in this episode we will be discussing Arkansas landlord-tenant laws the following is a summary of landlord-tenant laws in the state of Arkansas as they applied to residential rental property topics include late fees increasing rent a right to enter security deposits eviction and termination and much more security deposit and limit a landlord may charge a tenant the equivalent of two months rent for the security deposit there is a secure the deposit exemption Arkansas security deposit laws do not apply to landlords who own five or fewer rental units unless the units are managed by a third party for a fee deadline for returning a security deposit a landlord must return the tenant security deposit with an itemized statement of deductions within 60 days after the tenant has moved out late fees Arkansas state law does not address late fees if the rent is not paid on time therefore if the lease does not specify an amount and the parameters for being late there can be no charge increa

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