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Pine Bluff

Arkansas

Short Term Rental FAQs for Pine Bluff, Arkansas.

How restricted are short term rentals in Pine Bluff?

Light Restrictions

Does Pine Bluff,Arkansas have any regulations for short term rentals?

No current regulation concerns

Does Airbnb automatically remit taxes for short term rentals in Pine Bluff?

Currently, Airbnb is collecting and remitting taxes on behalf of the host.

What are the city taxes for Pine Bluff

Arkansas State FAQs

Is Arkansas a judicial or non-judicial state?

Non-Judicial

In a non-judicial foreclosure state, the lender does not need to go through the court system in order to foreclose on a property. This process can be quicker and less expensive for the lender compared to a judicial foreclosure.

As a real estate investor, it is important to understand the differences between judicial and non-judicial states because it can affect the amount of time and money it takes to foreclose on a property. It can also impact the availability of properties that are being foreclosed on and the process of purchasing those properties.

What is the process of closing on a property in Arkansas?

Title agents handle escrows, and attorneys conduct closings. Conveyance is by warranty deed. Mortgages are the customary security instruments. Foreclosure requires judicial proceedings, but there are no minimum time limits for completion. Arkansans use ALTA policies and endorsements and receive a 40% discount for reissuance of prior policies. Buyers and sellers pay their own escrow costs. The buyer pays for the lender’s policy; the seller pays for the owner’s. The buyer and seller split the state documentary tax. Property taxes come due three times a year as follows: the third Monday in April, the third Monday in July, and the tenth day of October.

Property Taxes in Arkansas?

3 times per year; 3rd Monday in April, 3rd Monday in July, and 10th day in October.

In Arkansas, does a property management company require a real estate broker's license?

YES. Key components of property management are considered a real estate activity under existing Arkansas real estate licensing laws. A broker's license is required for any person or company who, for compensation, engages in the lease or rental of real estate in Arkansas, who offers or lists real estate for rent or lease, who collects rent for the use of real estate or who assists or directs in the negotiation of any transaction intended to result in the rent or lease of Arkansas real estate. A salesperson working under a broker may engage in such activities.

Are there any exceptions to the requirement that a property manager have a broker's license in Arkansas?

Certain limited exemptions exist. For example, on-site residential managers who reside at the property and who are engaged in the leasing of real property in connection with their employment need not have a real estate broker's license. For more information about these and other Arkansas property management requirements and exceptions, please contact the Arkansas Real Estate Commission. Before hiring a property manager to manage your Arkansas rental property, you should always check they he or she is licensed properly. You can check the license status of an Arkansas property manager at the Arkansas Real Estate Commission License Search.

Do you need a broker's license to manage community associations in Arkansas?

A community association manager need not be licensed as a real estate broker to manage a community or condominium association in Arkansas.

Real Estate Broker Requirements

Arkansas real estate broker licensing requirements include: - Age: Be at least 18 years of age; - Education: Successful completion of 60 classroom hours of real estate education (in real estate principles, license law, and commission regulations) from an approved school within thirty-six (36) months immediately preceding the date of the application. In addition, new brokers must complete 30 classroom hours of Post-License education within the first year. - Experience: Have been licensed as an active real estate salesperson or broker for a period of not less than twenty-four (24) months within the previous forty-eight (48) month period immediately preceding the date of application - Exam: Pass the licensure examination (send required forms and fees to the Arkansas Real Estate Commission within 90 days)

Real Estate Salesperson Requirements

Arkansas real estate salesperson licensing requirements include: - Age: Must be at least 18 years of age - Education: Successful completion of 60 classroom hours of real estate education from an approved school. In addition, new salespeople must complete a post-license requirement of 18 classroom hours within 12-months after initial licensing. - Exam: Pass the licensure examination (send required forms and fees to the Arkansas Real Estate Commission within 90 days)

How do property ownership transfers work in ?

Warranty deed.

Sustainability Resources

The Real Estate industry is one of the most environmentally damaging industries in the world accounting for:
30%
of total carbon dioxide
40%
of all energy
40%
of all raw materials
Our goal is to give you the resources you need to take sustainable action in improving, building, retrofitting and revamping your home. The impacts are real, the benefits significant, and the need critical. Join us in bringing sustainability home and creating a brighter future for all, starting with you.

Save money and do the world a favor!
Here's a list of Sustainability Initiatives in the area:

WaterSense Webinars

WaterSense, a subset of the US EPA, puts on sustainability webinars that have different focuses.

Volunteer with 4Ocean

4Ocean offers volunteer opportunities for those looking to join one of their ocean clean-up events/groups.

Paint Drop-Off Locations - PaintCare Inc.

PaintCare makes it easy to recycle leftover, unwanted paint. PaintCare operatespaint stewardship programs on behalf of paint manufacturers in states that have passed paint stewardship laws.