The Arkansas rental application allows landlords to verify a prospective tenant's background information and credit history before signing a lease agreement. In Arkansas, there is no maximum application fee; landlords may charge as much as they like for the application process/tenant screening.
In Arkansas, the security deposit for approved tenants may not exceed two (2) months’ rent. If, however, the owner(s) collectively owns five (5) or fewer dwelling units, the limit does not apply.
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The rental application should include the following sections:
Arkansas Community Organization/Arkansas Renters United (ARU)
Center for Arkansas Legal Services
According to Ark. Code Ann. §§18-16-303 to 18-16-305, a security deposit must be returned to the tenant no later than sixty (60) days after the tenant moves or is terminated from the property. In addition, fees for any late rent may be subtracted from this amount.