Little Rock Lease Agreement (2025)

• Conduct thorough tenant screenings to minimize potential disputes.
• Regularly update lease agreements to reflect any changes in state or local laws.
• Consider offering flexible lease terms to attract a broader range of tenants.
• Maintain open communication channels with tenants to quickly address any issues.

Little Rock's rental landscape is characterized by a steady demand and a relatively low vacancy rate of around 5%. Popular neighborhoods such as The Heights and Hillcrest attract young professionals and families alike due to their vibrant communities and proximity to amenities. The rental demand is driven by the city's growing economy and the influx of new residents seeking employment opportunities. Landlord-tenant dynamics in Little Rock hinge on clear communication and adherence to state regulations, making the role of detailed lease agreements increasingly crucial.

• Security Deposit Return: Under Arkansas law, landlords must return security deposits within 60 days along with an itemized list of any deductions.
• Maintenance and Repairs: Landlords are responsible for maintaining a habitable living environment, addressing any significant repairs promptly.
• Disclosure Requirements: Landlords must provide tenants with specific disclosures, including lead-based paint hazards for buildings constructed before 1978.
• Entry Notice: Landlords are required to give a minimum of 24 hours' notice before entering the rental property, barring emergencies.
• Fair Housing Compliance: Adherence to federal and state fair housing laws is mandatory, ensuring no discrimination based on race, color, religion, or other protected categories.

• Right to Habitable Premises: Tenants have the right to a safe and livable home as per the Arkansas housing code.
• Protection from Unlawful Eviction: Tenants cannot be evicted without proper notice and due legal process.
• Privacy Rights: Tenants are entitled to privacy, with landlords required to provide notice before entry.
• Right to Withhold Rent: If significant repairs are not addressed, tenants may have the right to withhold rent until repairs are made.
• Return of Security Deposit: Tenants are entitled to the timely return of their security deposit, with a detailed list of deductions if applicable.

In Little Rock, landlords must comply with local ordinances that may include rental property registration and periodic inspections to ensure safety standards. There is currently no rent control in Little Rock, allowing market forces to dictate rental pricing. However, landlords are encouraged to review any updates to local statutes to remain compliant and maintain good tenant relations.

State: Arkansas

City: Little Rock

Document Type: Residential Lease