Arkansas Sublease Agreement Template
The Arkansas sublease agreement is a contract which involves the tenant of a rented property (called the “sublessor”) leasing the property out to a third-party called a “sublessee.” The sublessor should remember to inform the landlord whenever there is another party assisting to pay prior to drafting a sublease agreement. In the case that the sublessee does not make a payment to the sublessor for a certain month, the sublessor has to pay the rent to the landlord in full by his or her own means. While some might consider this unfair, a wise sublessor will do a background and credit check via a rental application on the potential sublessee to ensure they’re reliable and prevent paying out of pocket.