Maximum Amount: For most landlords owning six or more dwellings, the security deposit may not exceed two (2) months’ rent (Ark. Code Ann. § 18-16-304). This limit also applies to any landlords who hire a third party to perform management duties such as rent collection (A.C.A. § 18-16-303).

• • Receipt Required? No, a landlord is not required by Arkansas law to provide a written receipt upon receiving a security deposit.

Return Period: If there are no deductions, the landlord must return the security deposit to the tenant within 60 days of the termination of the tenancy (Ark. Code Ann. § 18-16-305(a)(1)).

• • Itemized List Required? Yes, an itemized list of any deductions made for unpaid rent or damages must be delivered to the tenant within 60 days (Ark. Code Ann. § 18-16-305(a)(2)).

Lead-Based Paint Disclosure: For properties constructed prior to 1978, the landlord must disclose all known lead-based paint and provide an approved informational pamphlet (40 CFR § 745.113).

Move-In Defect Form: The landlord must provide a written form at move-in allowing the tenant to identify and list any preexisting structural or utility defects (Ark. Code Ann. § 18-17-502(c)(1)).