Arkansas Security Deposit Limit
A landlord may charge a tenant the equivalent of two months’ rent for the security deposit.
Deadline for Returning Security Deposit
A landlord must return the tenant’s security deposit with an itemized statement of deductions within 60 days after the tenant has moved out.
Arkansas security deposit law does not apply to landlords who own five or fewer rental units, unless these units are managed by a third party for a fee. Arkansas security deposit law also does not apply to employees of the landlord, such as a manager, whose right to occupancy is conditioned upon employment in and about the premises.