If you are required to pay a security
deposit, you cannot be charged in excess of two months rent. For
example, if your rent is $200 a month, a landlord cannot require a
security deposit of more than $400.
When you move, the landlord must
return your security deposit within 30 days. The landlord may,
however, deduct from the security deposit any damages made to the
dwelling or any past due rent.
If the landlord deducts from your
security deposit an amount to cover damages or unpaid rent, he must
give you a written, itemized list of the charges withheld within 30
days of the time you vacate.
An Arkansas landlord may withhold the entire
amount of the security deposit for damages or unpaid rent. He must
give you a written, itemized list of the charges withheld within
thirty (30) days of the time you vacate.
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