Arkansas Information to Be Furnished to Lessor

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US-OG-802
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This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

Arkansas Information to Be Furnished to Lessor: A Detailed Description In the landlord-tenant relationship, it is crucial for both parties to exchange pertinent information to ensure a transparent and compliant agreement. In Arkansas, the state legislature has laid down certain requirements for tenants (lessees) to furnish specific information to the lessor (landlord). This article aims to provide a comprehensive and detailed description of the essential Arkansas Information to Be Furnished to Lessor, including various types of information that tenants must provide. 1. Tenant Identification: The lessee must provide their full legal name, current address, and contact information, including telephone number and email address. This information helps the lessor in maintaining contact with the tenant for various reasons, such as sending notices and discussing important matters related to the lease agreement. 2. Additional Occupants: If any additional occupants, such as roommates or family members, will be living in the rental unit, the lessee must inform the lessor by providing their names and contact information. This information enables the lessor to keep track of all individuals residing in the unit and ensures appropriate access to utilities and other shared amenities. 3. Pet Information: If the tenant intends to keep any pets on the rental property, Arkansas law may require the disclosure of specific pet-related information. This information typically includes details about the pet's breed, size, and weight. Additionally, the tenant must provide vaccination records and proof of liability insurance, if applicable. Accurate and updated pet information helps the lessor enforce pet-related rules and regulations and assess any potential risks associated with pets. 4. Emergency Contact Information: To handle potential emergencies efficiently, the lessee must furnish the lessor with the contact information of at least one person who can be reached in case of an emergency situation. This emergency contact should be someone who does not reside at the rental property and can be contacted when the tenant is unreachable or in an emergency situation. 5. Insurance Details: The tenant may be required to provide proof of renter's insurance, covering personal liability and property damage. This proof typically includes the name of the insurance company, policy number, and expiration date. Providing insurance details assures the lessor that the tenant is financially protected against potential losses, while also protecting the lessee's personal belongings. 6. Lease Modifications and Notices: Whenever any modifications or changes are made to the lease agreement, the lessee must promptly furnish the lessor with a written notice. Additionally, the tenant should notify the lessor in writing of any maintenance requests, repairs, or issues that need the landlord's attention. By adhering to these requirements, tenants in Arkansas ensure a legally compliant and harmonious landlord-tenant relationship. It is crucial for both parties to be transparent and cooperative, exchanging the necessary Arkansas Information to Be Furnished to Lessor. Failure to provide accurate and complete information may result in disputes, misunderstandings, or even legal consequences. Keywords: Arkansas, Information to Be Furnished to Lessor, tenant identification, additional occupants, pet information, emergency contact, insurance details, lease modifications, notices

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FAQ

Act 1052 states that property in the lease or rental agreements entered into or after November 1, 2021 must contain the following: Available source of hot and cold running water.

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.

Limits on Rent Increases Landlords cannot raise rent more than 10% total or 5% plus the percentage change in the cost of living ? whichever is lower ? over a 12-month period.

Arkansas rent laws There is no rent control in Arkansas so landlords may charge whatever they consider a reasonable rate for their unit. But, before raising rent, landlords must provide notice of at least one rental period. This applies to both oral and written lease agreements.

Responsibilities. Landlords must give the tenant their property as it currently is. Generally, landlords are not responsible for making any kind of repairs, unless it's stated in the lease agreements. It's important to note that an Arkansas tenant may not pursue legal action if their repair request doesn't get honored.

Arkansas rent laws Landlords may charge late fees for late rent payments, but the fees must be clearly disclosed in the lease agreement. For each month the tenant is late paying rent, the landlord may charge a late fee that does not exceed $30 per month or 20% of the amount of monthly rent.

Currently, there are no rent control policies in Arkansas, meaning that landlords are free to charge any amount of rent they consider appropriate. Additionally, they can increase rent as much as they want without giving much notice to the tenant, but they cannot increase rent as a retaliatory measure.

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Arkansas Information to Be Furnished to Lessor