Are there rent control/rent stabilization policies or laws in Arkansas?
The state of Arkansas has not established rent control or stabilization practices.
What is the maximum amount I can collect as a security deposit?
Arkansas regulates the security deposit when:
(1) A landlord/Owner owns partially or totally, at least five dwelling units which are rented to members of the public, OR
(2) The rental unit is managed by someone else other than the owner, (the number of units does not come into question here) then Arkansas law regulations of the security deposit are followed.
In such conditions, the security deposit may not exceed an amount in excess of 2 month's rent or 2 times the periodic rent. **For landlords that do not meet the conditions specified above, the security deposit would be regulated by the written lease. It is fair to say that all landlords should try and be reasonable so to stay out of court.