What are the disclosure requirements when I rent out property?

In Arkansas, anyone renting out their property must disclose certain information to the potential tenants. This is known as disclosure requirements. The most important disclosure requirement states that landlords must present potential tenants with an Arkansas Residential Landlord and Tenant Act brochure, which outlines their rights and responsibilities as a tenant. Landlords must provide a copy of the lease agreement to potential tenants, which outlines the terms and conditions of the rental agreement. The lease should also include a clause that states the tenant must be provided with a written notice at least thirty days before rent is due. Landlords must disclose any known material defects of the property to potential tenants. This includes any potential dangers due to fire, flooding, or other natural disasters. If the property contains any toxic or hazardous materials, landlords must also make tenants aware of these substances. Additionally, landlords must disclose any occupants that currently live in the property and any additional fees that may be charged. Finally, landlords must disclose any restrictions on the use of the property. This can be anything from prohibiting pets to not allowing tenants to make any renovations. All of these disclosure requirements must be listed in the lease agreement and tenants must sign the agreement in order for it to be legally binding.

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What are the disclosure requirements when I rent out property?

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