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Ark. Code Ann. § 4-59-102

Leases, estates, etc

Known as the Uniform Voidable Transactions Act

The act spans §§ 4–4 (34 sections).

Applied in 2 court decisions — leading case Anderson's Taekwondo v. Landers (2015)

Most recently applied in 2021 Ark. App. 452 - JAMES WILLIS SUTTON, JR.; HOMER WILLIS; AND LOUIS WILLIS, EACH IN HIS OWN RESPECTIVE INDIVIDUAL CAPACITY v. JERRY D. PICKETT AND JUDY K. PICKETT, MARRIED PERSONs (November 2021)

Rev

(1) All leases, estates, interests of freeholds, or lease of years, or any uncertain interests of, in, to, or out of any messuages, lands, or tenements made or created by livery and seisin only, or by parol, and not put in writing and signed by the parties or their agents lawfully authorized by writing so making or creating the leases, estates, interests of freehold, lease of years, or any uncertain interests, shall have the force and effect of leases or estates at will only, and shall not, either in law or equity, be deemed or taken to have any other or greater effect or force than as leases not exceeding the term of one (1) year.

(2) No leases, estates, or interest, either of freehold or of term of years in, to, or out of any messuages, lands, or tenements, except leases for a term not exceeding one (1) year, shall at any time be assigned, granted, or surrendered unless it is by deed or notice in writing, signed by the party so assigning, granting, or surrendering the leases, estates, interests of freeholds, lease of years, or any uncertain interests, or by their agents lawfully authorized by writing or by operation of law.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.