Updated on December 19th, 2020
The Arkansas roommate agreement declares significant information concerning a new tenant entering into a lease arrangement with one or more current residents. Listed in the language of the document are some of the specifics of the agreement, registering information about the exchange of rental payment for granted occupancy. The form contains roommate names, property address, lease duration, payment schedule, rules, and on-premises policies. Stipulation as to which roommate is responsible for each utility and what portion of the payment is to be remitted monthly is also addressed in the document. As is with most roommate contracts, the landlord of the dwelling must agree to the contents of the paperwork to be considered legitimate.