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An Arkansas lease agreement is used in rental property and it is a contract between a landlord and a tenant in exchange for monthly rent payments. The agreement also includes the terms and conditions of the lease.
Options By Type
 Standard Residential Lease Agreement
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 Simple (1-Page) Lease Agreement |
Most Recent US Home Facts
- Population (2023): 334,914,895
- Median Households (2022): 125,736,353
- Median Household Income (2022): $75,149
- Owner-occupied Households (2022): 64.8%
Source: U.S. Census Bureau
What to Include in the Form?
Arkansas Leasing: Required Disclosures
Security Deposit Laws
Maximum Amount – Two (2) months rent is the maximum amount Landlord can charge.
Returning – the security deposits must be returned within sixty (60) days of the lease end date. If the Landlord cannot find or contact the Tenant in one hundred and eighty (180) days after the lease termination date, the funds become the Landlords money.
Source: § 18-16-304
Landlord Property Access
Rental Property Access – The Landlord should give prior notice to Tenants before entering the rental property although it is not mandatory.
Rent Payments
Grace Period – Arkansas has no provision for a rent grace period.
Late Rent Fees – There is no specific law that limits the amount of late fees Landlords can charge Tenants for late rent.
NSF Fee Amount – $30 per check.
Source: § 18-17-401(b)(1)
Federal Laws
Frequently Asked Questions
Does Arkansas have state income taxes?
Yes, up to 5.9%.
How to file Arkansas state taxes?
File online by logging in the ARTaxOnline Portal or mail in tax forms to the Arkansas Department of Finance and Administration.
What is the minimum wage in Arkansas?
$11 per hour (2023).
Arkansas Real Estate Commission
Website – Arkansas Real Estate Commission