Chattel Mortgage Form With Balloon Excel

State:
Multi-State
Control #:
US-0007BG
Format:
Word; 
Rich Text
Instant download

Description

A chattel mortgage is a term used to describe a loan arrangement in which an item of movable personal property is used as security for the loan.
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How to fill out Chattel Mortgage On Mobile Home?

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FAQ

The implied warranty of habitability is a landlord-tenant law that requires minimum living requirements so that the rental property is safe and habitable to live in. Some of the minimum living requirements include having heat, running water, and plumbing.

Under all oral, and most written, leases, you take the home ?as is.? This means the landlord has no duty to provide any maintenance or repairs of the home that they do not agree to in writing. For this reason, you should inspect the home before you sign a lease agreement.

You must continue to pay rent even if your home needs repairs or the landlord fails to make promised repairs. In Arkansas, you cannot withhold rent from the landlord for any reason. If you withhold rent, you will be evicted and the landlord may attempt to keep your property.

You still may sue your landlord in small claims court for the return of your security deposit, but he may counterclaim against you for any unpaid rent or damage to the home.

If the landlord doesn't fix the problems within 30 calendar days of receiving the notice, the tenant can terminate the lease or rental agreement without penalty and receive a refund of the security deposit. (Ark. Code Ann. § 18-17-502(d) (2021).)

Arkansas Renters' Rights and Landlord Responsibilities Raising Rent: Landlords in Arkansas may increase the rent to any amount with no notice or justification as long as it is not for discriminatory reasons.

Tenants must be current on their rent, and landlords have 30 days to remedy problems.

Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.

Arkansas tenants have the right to seek a rental unit without being discriminated against by their landlord. On the other hand, tenant rights allow them to report any safety or health violations to the local authorities.

It's the first time Arkansas has mandated statewide standards for rental housing. Under Act 1052 of 2021, tenants can move out without penalty and get their security deposits returned if landlords don't provide a sanitary sewage system, among other requirements.

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Chattel Mortgage Form With Balloon Excel