Assessment of Property Generally Ark. Code Ann. § 26-26-1122 – Definitions. (a) As used in this subchapter and in the Arkansas Constitution, Amendment 79: (1) (A) “Homestead” means the dwelling of a person that is used as his or her principal place of residence with the contiguous land, excluding all land valued as agricultural land, pasture
Sale of Tax Delinquent Lands Read these Arkansas Real Estate Laws, and see how they apply to you: § 26-37-202 – Procedure to sell. (a) (1) Bidders may bid at the sale or mail their bid to the office of the Commissioner of State Lands. (2) Bids shall be delivered at the appropriate place before
Redemption of Realty to be Sold for Taxes Ark. Code Ann. § 26-37-301 – Notice to owner. (a) (1) After receiving tax-delinquent land, the Commissioner of State Lands shall notify the owner, at the owner’s last known address as certified by the county, by certified mail, of the owner’s right to redeem by paying all taxes,
Sale or Forfeiture of Real Property Read these Arkansas Real Estate Laws, and see how they apply to you: Remember: The law often changes, and this website does not offer a complete compilation of Arkansas law. Each case and situation is different. This webpage is meant to give you general information and not to give you
What is an Heirship Affidavit? If a deceased person in Arkansas left real property that has not been disposed of by a probated will or estate, an Heirship Affidavit may be used to establish who is in line to inherit this property. If the decedent has died in Arkansas within the last five years, it is not too late to
You may need a Quit Claim Deed to get the house in your name. The papers have been signed, the divorce is finalized, and the house is all yours… or is it? Sure, the divorce decree says that you have been awarded the marital home, but this paper does not actually transfer ownership of the
Is your nonprofit organization a Public Charity or Private Foundation? Every nonprofit organization that qualifies for the 501(c)(3) exemption is either a public charity or private foundation. FOLLOW THE MONEY: Where does your financial support come from? For many nonprofit organizations, the main sources of financial support determine whether the organization will be classified as
Annual Reporting Requirements for Arkansas Nonprofits By August 1st of each year, your nonprofit organization must make an annual disclosure to the Arkansas Secretary of State with the following information: The name of your nonprofit corporation; Your nonprofit corporation’s place of incorporation (ie: Arkansas); The name and address of your nonprofit’s registered agent for service
Charitable, Educational, or Religious? The most common types of 501(c)(3) exempt nonprofit organizations are charitable, educational, and religious. Learn more about these classifications to determine which type applies to your nonprofit organization. CHARITABLE: Charitable organizations conduct activities that promote the following: Relief of the poor, distressed, or underprivileged; Advancement of religion; Advancement of education or
Forming a Corporation for Your Business or Nonprofit WHAT IS A CORPORATION?: A corporation is one of the more complex forms of business organization. Your corporation will be a legal entity, existing apart from its owners or shareholders. As a separate entity, your corporation will have its own rights, privileges and liabilities apart from the shareholders,