The most important source of information about the rights and responsibilities of residential landlords and tenants is the written lease agreement. Some landlords prefer oral agreements, but it is more common for them to require the tenant's signature on a written lease—and a written lease protects the tenant more than an oral agreement. Be sure to read the lease carefully before you sign it.

If a tenant wants to change part of the lease, the tenant should discuss it with the landlord. If the landlord agrees, the landlord and tenant should decide how they want to word the change and then write it into the agreement. Both the tenant and the landlord should then initial the change. For example, many standard leases prohibit pets, but the landlord may be willing to accept a pet if the tenant puts down extra money as security (a pet deposit) to protect against any damage the pet might do.

A state’s landlord-tenant laws may provide additional rights and responsibilities and further define the rights and responsibilities identified in the lease agreement. These laws vary from state to state and are usually located in a state’s statutes.

In Arkansas, the lease agreement is indeed a crucial document for both residential landlords and tenants as it outlines their rights and responsibilities. While oral agreements are legally binding in Arkansas, a written lease provides clearer evidence of the terms agreed upon and is generally more protective for both parties. Tenants should read the lease thoroughly before signing and negotiate any desired changes with the landlord. Any amendments should be written into the lease and initialed by both parties to ensure they are legally enforceable. Arkansas state law will supplement the lease agreement, providing additional rights and responsibilities that may not be explicitly covered in the lease. It's important to note that Arkansas's landlord-tenant laws may differ from those in other states, and these laws can be found in the state's statutes. Tenants and landlords should be aware that state laws cannot be overridden by the terms of a lease agreement and are designed to provide a baseline of protections and obligations for both parties.