This office lease clause states that the amount of the security deposit shall be reduced from 4 months' Base Rent to 3 months' Base Rent provided that certain lease conditions are met by the lessee.
Arkansas Clause Providing for the Reduction of the Tenant Security Deposit
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How to fill out Clause Providing For The Reduction Of The Tenant Security Deposit?
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(a) A tenant shall not unreasonably withhold consent to the landlord to enter into the dwelling unit in order to inspect the premises, make necessary or agreed repairs, decorations, alterations, or improvements, supply necessary or agreed services, investigate possible rule or lease violations, investigate possible ...
Noncompliance with rental agreement--Failure to pay rent--Removal of evicted tenant's personal property. Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code.
Unlawful detainer actions require a landlord to provide you with a three days' written notice to vacate. If you do not leave, the landlord can sue by filing a complaint against you in court. After you receive a summons to appear in court, you have five days to object in writing to the eviction.
Section 18-17-901 - Grounds for eviction of tenant (a) A landlord or his or her agent may commence eviction proceedings against a tenant in a district court having jurisdiction over the eviction proceeding, when: (1) The tenant fails or refuses to pay the rent when due or when demanded; (2) The term of tenancy or ...
§ 18-17-704. Termination for Nonpayment: The landlord, agent, or attorney must first provide a 10 day written notice and if the tenant does not vacate they will be guilty of a misdemeanor and the eviction process can be started pursuant to A.C.A. § 18-17-701, A.C.A. § 18-16-101 and A.C.A.
Security deposits: If you are required to pay a security deposit, you cannot be charged in excess of two months' rent. For example, if your rent is $500 a month, a landlord cannot require a security deposit of more than $1,000. When you move, the landlord must return your security deposit within 60 days.
It explicitly states tenants shall comply with housing codes, keep the property safe and clean, dispose of any garbage or waste in a reasonable manner, keep all plumbing fixtures reasonably clean, and other terms. These can be found in Arkansas Code Annotated section 18-17-601.
If an issue of noncompliance arises (and rent is current and noncompliance is not excused) and the landlord does not remedy the noncompliance within 30 days after receiving notice from the tenant, the tenant may terminate the lease or rental agreement without penalty and receive a refund of his or her security deposit.
