Updated on January 12th, 2021
The Arkansas sublease agreement discloses pertinent facts on the transaction of a tenant rerenting a piece of real estate to an alternate tenant in exchange for an established monthly rental amount. The extensive rental contract outlines the policies, provisions, rights of use, and responsibilities for the tenant and subtenant of a property. Names of involved participants, address of the property, payment amount, payment due date, lease termination, and other corroborating clauses are designated in the document. For a sublease agreement to be binding, the landlord’s consent must be indicated via an endorsement to the document. To further authenticate the commitment, it is suggested that the signatures be obtained in the presence of a valid notary official licensed within the state of Arkansas.