<SEC-DOCUMENT>0001193125-21-206398.txt : 20210701
<SEC-HEADER>0001193125-21-206398.hdr.sgml : 20210701
<ACCEPTANCE-DATETIME>20210701164118
ACCESSION NUMBER:		0001193125-21-206398
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		17
CONFORMED PERIOD OF REPORT:	20210630
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20210701
DATE AS OF CHANGE:		20210701

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			American Homes 4 Rent
		CENTRAL INDEX KEY:			0001562401
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				461229660
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36013
		FILM NUMBER:		211066467

	BUSINESS ADDRESS:	
		STREET 1:		23975 PARK SORRENTO
		STREET 2:		SUITE 300
		CITY:			CALABASAS
		STATE:			CA
		ZIP:			91302
		BUSINESS PHONE:		(805) 413-5300

	MAIL ADDRESS:	
		STREET 1:		23975 PARK SORRENTO
		STREET 2:		SUITE 300
		CITY:			CALABASAS
		STATE:			CA
		ZIP:			91302

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			American Homes 4 Rent, L.P.
		CENTRAL INDEX KEY:			0001716558
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				800860173
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-221878-02
		FILM NUMBER:		211066468

	BUSINESS ADDRESS:	
		STREET 1:		23975 PARK SORRENTO, SUITE 300
		CITY:			CALABASAS
		STATE:			CA
		ZIP:			91302
		BUSINESS PHONE:		8054135300

	MAIL ADDRESS:	
		STREET 1:		23975 PARK SORRENTO, SUITE 300
		CITY:			CALABASAS
		STATE:			CA
		ZIP:			91302
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d10458d8k.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8" ?>
<html xmlns:amh="http://www.americanhomes4rent.com/20210630" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:dei="http://xbrl.sec.gov/dei/2020-01-31" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:deprecated="http://www.xbrl.org/2009/arcrole/deprecated" xmlns:country="http://xbrl.sec.gov/country/2020-01-31" xmlns:currency="http://xbrl.sec.gov/currency/2020-01-31" xmlns:exch="http://xbrl.sec.gov/exch/2020-01-31" xmlns:naics="http://xbrl.sec.gov/naics/2017-01-31" xmlns:sic="http://xbrl.sec.gov/sic/2020-01-31" xmlns:stpr="http://xbrl.sec.gov/stpr/2018-01-31" xmlns:us-gaap="http://fasb.org/us-gaap/2020-01-31" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:srt="http://fasb.org/srt/2020-01-31" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:xbrll="http://www.xbrl.org/2003/linkbase" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns="http://www.w3.org/1999/xhtml">
<head>
<title>8-K</title>
<meta content="text/html; charset=UTF-8" http-equiv="Content-Type"/>
</head>
<body style="">
 <div style='display: none'><ix:header><ix:hidden><ix:nonNumeric name="dei:AmendmentFlag" contextRef="P06_30_2021To06_30_2021">false</ix:nonNumeric><ix:nonNumeric name="dei:EntityCentralIndexKey" contextRef="P06_30_2021To06_30_2021">0001562401</ix:nonNumeric></ix:hidden><ix:references><link:schemaRef xlink:type="simple" xlink:href="amh-20210630.xsd" /><link:linkbaseRef xlink:type="simple" xlink:href="amh-20210630_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" /><link:linkbaseRef xlink:type="simple" xlink:href="amh-20210630_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" /><link:linkbaseRef xlink:type="simple" xlink:href="amh-20210630_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" /><link:linkbaseRef xlink:type="simple" xlink:href="amh-20210630_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" /></ix:references><ix:resources><xbrli:context id="P06_30_2021To06_30_2021" > <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001562401</xbrli:identifier> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-06-30</xbrli:startDate> <xbrli:endDate>2021-06-30</xbrli:endDate> </xbrli:period> </xbrli:context><xbrli:context id="P06_30_2021To06_30_2021_AmericanHomes4RentLpMemberdeiLegalEntityAxis" > <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001562401</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="dei:LegalEntityAxis" >amh:AmericanHomes4RentLpMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-06-30</xbrli:startDate> <xbrli:endDate>2021-06-30</xbrli:endDate> </xbrli:period> </xbrli:context><xbrli:context id="P06_30_2021To06_30_2021_CommonClassAMemberusgaapStatementClassOfStockAxis" > <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001562401</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >us-gaap:CommonClassAMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-06-30</xbrli:startDate> <xbrli:endDate>2021-06-30</xbrli:endDate> </xbrli:period> </xbrli:context><xbrli:context id="P06_30_2021To06_30_2021_SeriesFPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis" > <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001562401</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >amh:SeriesFPerpetualPreferredSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-06-30</xbrli:startDate> <xbrli:endDate>2021-06-30</xbrli:endDate> </xbrli:period> </xbrli:context><xbrli:context id="P06_30_2021To06_30_2021_SeriesGPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis" > <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001562401</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >amh:SeriesGPerpetualPreferredSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-06-30</xbrli:startDate> <xbrli:endDate>2021-06-30</xbrli:endDate> </xbrli:period> </xbrli:context><xbrli:context id="P06_30_2021To06_30_2021_SeriesHPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis" > <xbrli:entity> <xbrli:identifier scheme="http://www.sec.gov/CIK">0001562401</xbrli:identifier> <xbrli:segment> <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis" >amh:SeriesHPerpetualPreferredSharesMember</xbrldi:explicitMember> </xbrli:segment> </xbrli:entity> <xbrli:period> <xbrli:startDate>2021-06-30</xbrli:startDate> <xbrli:endDate>2021-06-30</xbrli:endDate> </xbrli:period> </xbrli:context></ix:resources></ix:header></div><div><div style="text-align: center;"><div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><div style="line-height: 1pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="line-height: 3pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 18pt; margin-top: 4pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 18pt; letter-spacing: 0px; top: 0px;;display:inline;">UNITED STATES </div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 18pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 18pt; letter-spacing: 0px; top: 0px;;display:inline;">SECURITIES AND EXCHANGE COMMISSION </div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">Washington, D.C. 20549 </div></div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align: center;"><div style="margin: 0pt auto 2pt; width: 21%; text-align: center; line-height: 6pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 18pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 18pt; letter-spacing: 0px; top: 0px;;display:inline;">FORM <ix:nonNumeric name="dei:DocumentType" contextRef="P06_30_2021To06_30_2021">8-K</ix:nonNumeric> </div></div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align: center;"><div style="margin: 0pt auto 2pt; width: 21%; text-align: center; line-height: 6pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 12pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">CURRENT REPORT </div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">Pursuant to Section 13 or 15(d) </div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">of the Securities Exchange Act of 1934 </div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 12pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">Date of Report (Date of earliest event reported): <ix:nonNumeric name="dei:DocumentPeriodEndDate" contextRef="P06_30_2021To06_30_2021" format="ixt:datemonthdayyearen">June 30, 2021</ix:nonNumeric> </div></div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align: center;"><div style="margin: 0pt auto 2pt; width: 21%; text-align: center; line-height: 6pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 24pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 24pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityRegistrantName" contextRef="P06_30_2021To06_30_2021">AMERICAN HOMES 4 RENT</ix:nonNumeric> </div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 24pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 24pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityRegistrantName" contextRef="P06_30_2021To06_30_2021_AmericanHomes4RentLpMemberdeiLegalEntityAxis">AMERICAN HOMES 4 RENT, L.P.</ix:nonNumeric> </div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(Exact name of registrant as specified in its charter) </div></div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align: center;"><div style="margin: 0pt auto 2pt; width: 21%; text-align: center; line-height: 6pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;">
<tr style="font-size: 0px;">
<td style="width: 27%; font-family: &quot;Times New Roman&quot;;"></td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"></td>
<td style="width: 24%; font-family: &quot;Times New Roman&quot;;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"></td>
<td style="width: 25%; font-family: &quot;Times New Roman&quot;;"></td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"></td>
<td style="width: 21%; font-family: &quot;Times New Roman&quot;;"></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top;;text-align:center;"><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">American Homes 4 Rent</div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">American Homes 4 Rent, L.P.</div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityIncorporationStateCountryCode" contextRef="P06_30_2021To06_30_2021" format="ixt-sec:stateprovnameen">Maryland</ix:nonNumeric></div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityIncorporationStateCountryCode" contextRef="P06_30_2021To06_30_2021_AmericanHomes4RentLpMemberdeiLegalEntityAxis" format="ixt-sec:stateprovnameen">Delaware</ix:nonNumeric></div></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityFileNumber" contextRef="P06_30_2021To06_30_2021">001-36013</ix:nonNumeric></div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityFileNumber" contextRef="P06_30_2021To06_30_2021_AmericanHomes4RentLpMemberdeiLegalEntityAxis">333-221878-02</ix:nonNumeric></div></div></div></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityTaxIdentificationNumber" contextRef="P06_30_2021To06_30_2021">46-1229660</ix:nonNumeric></div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityTaxIdentificationNumber" contextRef="P06_30_2021To06_30_2021_AmericanHomes4RentLpMemberdeiLegalEntityAxis">80-0860173</ix:nonNumeric></div></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(State or Other Jurisdiction<br/> of Incorporation)</div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(Commission<br/> File Number)</div></div></td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">(IRS Employer<br/> Identification No.)</div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityAddressAddressLine1" contextRef="P06_30_2021To06_30_2021">23975 Park Sorrento, Suite 300</ix:nonNumeric> </div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"><ix:nonNumeric name="dei:EntityAddressCityOrTown" contextRef="P06_30_2021To06_30_2021">Calabasas</ix:nonNumeric>, <ix:nonNumeric name="dei:EntityAddressStateOrProvince" contextRef="P06_30_2021To06_30_2021" format="ixt-sec:stateprovnameen">California</ix:nonNumeric> <ix:nonNumeric name="dei:EntityAddressPostalZipCode" contextRef="P06_30_2021To06_30_2021">91302</ix:nonNumeric></div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">(Address of Principal Executive Offices) (Zip Code)</div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">(<ix:nonNumeric name="dei:CityAreaCode" contextRef="P06_30_2021To06_30_2021">805</ix:nonNumeric>) <ix:nonNumeric name="dei:LocalPhoneNumber" contextRef="P06_30_2021To06_30_2021">413-5300</ix:nonNumeric></div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">(Registrant&#8217;s telephone number, including area code)</div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Not Applicable</div></div></div><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">(Former Name or Former Address, if Changed Since Last Report)</div></div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="text-align: center;"><div style="margin: 0pt auto 2pt; width: 21%; text-align: center; line-height: 6pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </div></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%; vertical-align: top;;text-align:left;"><ix:nonNumeric name="dei:WrittenCommunications" contextRef="P06_30_2021To06_30_2021" format="ixt:booleanfalse">&#9744;</ix:nonNumeric></td>
<td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%; vertical-align: top;;text-align:left;"><ix:nonNumeric name="dei:SolicitingMaterial" contextRef="P06_30_2021To06_30_2021" format="ixt:booleanfalse">&#9744;</ix:nonNumeric></td>
<td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%; vertical-align: top;;text-align:left;"><ix:nonNumeric name="dei:PreCommencementTenderOffer" contextRef="P06_30_2021To06_30_2021" format="ixt:booleanfalse">&#9744;</ix:nonNumeric></td>
<td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;">
<tr style="page-break-inside: avoid;">
<td style="width: 4%; vertical-align: top;;text-align:left;"><ix:nonNumeric name="dei:PreCommencementIssuerTenderOffer" contextRef="P06_30_2021To06_30_2021" format="ixt:booleanfalse">&#9744;</ix:nonNumeric></td>
<td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Securities registered pursuant to Section 12(b) of the Act: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;">
<tr style="font-size: 0px;">
<td style="width: 34%; font-family: &quot;Times New Roman&quot;;"></td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"></td>
<td style="width: 32%; font-family: &quot;Times New Roman&quot;;"></td>
<td style="width: 1%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"></td>
<td style="width: 32%; font-family: &quot;Times New Roman&quot;;"></td></tr>
<tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid; white-space: nowrap;;text-align:center;"><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Title of each class</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 1pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Trading<br/> symbols</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 1pt;">&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Name of each exchange<br/> on which registered</div></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P06_30_2021To06_30_2021_CommonClassAMemberusgaapStatementClassOfStockAxis">Class A common shares of beneficial interest, $.01 par value</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P06_30_2021To06_30_2021_CommonClassAMemberusgaapStatementClassOfStockAxis">AMH</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P06_30_2021To06_30_2021_CommonClassAMemberusgaapStatementClassOfStockAxis" format="ixt-sec:exchnameen">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P06_30_2021To06_30_2021_SeriesFPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">Series F perpetual preferred shares of beneficial interest, $.01 par value</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P06_30_2021To06_30_2021_SeriesFPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">AMH-F</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P06_30_2021To06_30_2021_SeriesFPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis" format="ixt-sec:exchnameen">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P06_30_2021To06_30_2021_SeriesGPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">Series G perpetual preferred shares of beneficial interest, $.01 par value</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P06_30_2021To06_30_2021_SeriesGPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">AMH-G</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P06_30_2021To06_30_2021_SeriesGPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis" format="ixt-sec:exchnameen">New York Stock Exchange</ix:nonNumeric></div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:Security12bTitle" contextRef="P06_30_2021To06_30_2021_SeriesHPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">Series H perpetual preferred shares of beneficial interest, $.01 par value</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:TradingSymbol" contextRef="P06_30_2021To06_30_2021_SeriesHPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">AMH-H</ix:nonNumeric></div></div></td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: top;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><ix:nonNumeric name="dei:SecurityExchangeName" contextRef="P06_30_2021To06_30_2021_SeriesHPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis" format="ixt-sec:exchnameen">New York Stock Exchange</ix:nonNumeric></div></div></td></tr></table><div style="clear:both;max-height:0pt;"></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter). </div></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Emerging growth company <ix:nonNumeric name="dei:EntityEmergingGrowthCompany" contextRef="P06_30_2021To06_30_2021" format="ixt:booleanfalse">&#9744;</ix:nonNumeric> </div></div><div style="font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744; </div></div><div style="font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="line-height: 1pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="line-height: 3pt; margin-top: 0pt; margin-bottom: 2pt; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1px; border-bottom-style: solid;"><div style="letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div></div></div><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153);"/><div style="text-align: center;"><div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Item&#160;8.01. Other Events. </div></div></div><div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">On June&#160;30, 2021, American Homes 4 Rent, L.P. (the &#8220;Operating Partnership&#8221;), the operating partnership of American Homes 4 Rent (the &#8220;Company&#8221;), entered into an Underwriting Agreement (the &#8220;Underwriting Agreement&#8221;) with BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein (the &#8220;Underwriters&#8221;), pursuant to which the Operating Partnership agreed to issue and sell $450,000,000 aggregate principal amount of the Operating Partnership&#8217;s 2.375% Senior Notes due 2031 (the &#8220;2031 Notes&#8221;) and $300,000,000 aggregate principal amount of the Operating Partnership&#8217;s 3.375% Senior Notes due 2051 (the &#8220;2051 Notes&#8221; and, together with the 2031 Notes, the &#8220;Notes&#8221;). The 2031 Notes will be issued at 98.513% of par value with a coupon of 2.375% per annum. The 2051 Notes will be issued at 97.962% of par value with a coupon of 3.375% per annum. Interest on the Notes is payable semi-annually in arrears on January&#160;15 and July&#160;15 of each year, commencing January&#160;15, 2022. The 2031 Notes will mature on July&#160;15, 2031, and the 2051 Notes will mature on July&#160;15, 2051. The Operating Partnership estimates that the net proceeds from this offering, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Operating Partnership, will be approximately $730.5&#160;million. The offering is expected to close on July&#160;8, 2021 subject to the satisfaction of customary closing conditions. </div></div><div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The offering was made pursuant to an automatic shelf registration statement filed with the Securities and Exchange Commission on June&#160;17, 2020 (File <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Nos.&#160;333-239227</div> and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">333-239227-01),</div></div> a base prospectus, dated June&#160;17, 2020, and prospectus supplement, dated June&#160;30, 2021, filed by the Operating Partnership with the Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;). </div><div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Operating Partnership intends to use the net proceeds from this offering to repay amounts outstanding on its revolving credit facility and any remaining net proceeds for general corporate purposes, including, without limitation, property acquisitions and developments, the expansion, redevelopment and/or improvement of existing properties in the Operating Partnership&#8217;s portfolio, other capital expenditures, the redemption of its preferred shares, the repayment of outstanding indebtedness, working capital and other general purposes. </div></div><div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Operating Partnership made certain customary representations, warranties and covenants concerning the Company, the Operating Partnership and the registration statement in the Underwriting Agreement and also agreed to indemnify the Underwriters against certain liabilities, including liabilities under the Securities Act, or to contribute to payments the Underwriters may be required to make in respect of those liabilities. </div></div><div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">A copy of the Underwriting Agreement is attached to this report as Exhibit 1.1 and incorporated herein by reference. The summary set forth above is qualified in its entirety by reference to Exhibit 1.1. </div></div><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Item&#160;9.01. Financial Statements and Exhibits. </div></div></div><div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">(d)<div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;"> Exhibits. </div></div> </div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;">
<tr style="font-size: 0px;">
<td style="font-family: &quot;Times New Roman&quot;;"></td>
<td style="width: 7%; vertical-align: bottom; font-family: &quot;Times New Roman&quot;;"></td>
<td style="width: 90%; font-family: &quot;Times New Roman&quot;;"></td></tr>
<tr style="font-family: Times New Roman; font-size: 8pt; page-break-inside: avoid;">
<td style="vertical-align: bottom; white-space: nowrap; padding-bottom: 1pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid rgb(0, 0, 0); display: table-cell; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Exhibit&#160;No.</div></div></div></td>
<td style="vertical-align: bottom; padding-bottom: 1pt;">&#160;&#160;</td>
<td style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; margin-top: 0pt; margin-bottom: 1pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Description</div></div></div></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 6pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 6pt; font-family: &quot;Times New Roman&quot;;">&#160;</td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top; white-space: nowrap;">&#160;&#160;1.1</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: top;"><a href="d10458dex11.htm">Underwriting Agreement, dated June&#160;30, 2021, by and among American Homes 4 Rent, L.P. and BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as representatives of the several Underwriters named therein. </a></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 6pt;">&#160;</td>
<td colspan="2" style="height: 6pt;">&#160;</td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top; white-space: nowrap;">&#160;&#160;5.1</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: top;"><a href="d10458dex51.htm">Opinion of Hogan Lovells US LLP regarding the legality of the Notes. </a></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 6pt;">&#160;</td>
<td colspan="2" style="height: 6pt;">&#160;</td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top; white-space: nowrap;">23.1</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: top;"><a href="d10458dex51.htm">Consent of Hogan Lovells US LLP (included in Exhibit 5.1). </a></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 6pt;">&#160;</td>
<td colspan="2" style="height: 6pt;">&#160;</td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top; white-space: nowrap;">104</td>
<td style="vertical-align: bottom;">&#160;&#160;</td>
<td style="vertical-align: top;">Cover Page Interactive Data File (embedded within the Inline XBRL documents).</td></tr></table><div style="clear:both;max-height:0pt;"></div></div></div><div style="margin-top: 1em; margin-bottom: 0em; page-break-before: always;"></div><hr style="width: 100%; height: 3px; color: rgb(153, 153, 153);"/><div style="text-align: center;"><div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="font-weight:bold;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">SIGNATURES </div></div></div><div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrants have duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div>
<table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: &quot;Times New Roman&quot;; font-size: 10pt; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;width:100%;">
<tr style="font-size: 0px;">
<td style="width: 45%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td style="width: 4%;"></td>
<td style="vertical-align: bottom;"></td>
<td style="width: 3%;"></td>
<td style="width: 1%; vertical-align: bottom;"></td>
<td style="width: 45%;"></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top;">Date: July&#160;1, 2021</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">AMERICAN HOMES 4 RENT</div></div></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;">By:</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; border-bottom: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">/s/ Sara H. Vogt-Lowell</div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;">Sara H. Vogt-Lowell</td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;">Chief Legal Officer</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top;">Date: July&#160;1, 2021</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">AMERICAN&#160;HOMES&#160;4 RENT,&#160;L.P.</div></div></td></tr>
<tr style="font-size: 1pt;">
<td style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;">By:</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;">American Homes 4 Rent, its General Partner</td></tr>
<tr style="font-size: 1pt;">
<td style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td colspan="2" style="height: 12pt; font-family: &quot;Times New Roman&quot;;">&#160;</td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;">By:</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; border-bottom: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">/s/ Sara H. Vogt-Lowell</div></div></td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;">Sara H. Vogt-Lowell</td></tr>
<tr style="font-family: Times New Roman; font-size: 10pt; page-break-inside: avoid;">
<td style="vertical-align: top; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; font-family: &quot;Times New Roman&quot;;">&#160;</td>
<td style="vertical-align: bottom;">&#160;</td>
<td style="vertical-align: bottom; white-space: nowrap;">Chief Legal Officer</td></tr></table><div style="clear: both; max-height: 0pt; text-indent: 0px;"></div></div></div></div>
</body></html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.1
<SEQUENCE>2
<FILENAME>d10458dex11.htm
<DESCRIPTION>EX-1.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-1.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 1.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B><I>Execution Version </I></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AMERICAN HOMES&nbsp;4 RENT, L.P. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>$450,000,000 2.375% Senior Notes due&nbsp;2031 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>$300,000,000 3.375% Senior Notes due&nbsp;2051 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>Underwriting Agreement </U></B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; margin-left:56%; font-size:10pt; font-family:Times New Roman" ALIGN="center">June&nbsp;30, 2021 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">BofA
Securities, Inc. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">J.P. Morgan Securities LLC </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Wells Fargo
Securities, LLC </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">As Representatives of the several Underwriters listed in Schedule&nbsp;1 hereto </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">c/o BofA Securities, Inc. </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">One Bryant Park </P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">New York, New York&nbsp;10036 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">c/o J.P. Morgan Securities LLC
</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">383 Madison Avenue </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">New York, New York&nbsp;10179 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">c/o Wells Fargo Securities, LLC </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">550 South Tryon Street, 5<SUP
STYLE="font-size:85%; vertical-align:top">th</SUP> Floor </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Charlotte, North Carolina 28202 </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and Gentlemen: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">American Homes&nbsp;4
Rent, L.P., a Delaware limited partnership (the &#147;<U>Issuer</U>&#148;), proposes to issue and sell to the several Underwriters listed in Schedule&nbsp;1 hereto (the &#147;<U>Underwriters</U>&#148;), for whom you are acting as representative (the
&#147;<U>Representatives</U>&#148;), $450,000,000 principal amount of its&nbsp;2.375% Senior Notes due&nbsp;2031 (the &#147;<U>2031 Notes</U>&#148;) and $300,000,000 principal amount of its&nbsp;3.375% Senior Notes due&nbsp;2051 (the &#147;<U>2051
Notes</U>&#148; and, collectively with the 2031 Notes, the &#147;<U>Securities</U>&#148;). The Securities will be issued pursuant to an Indenture dated as of February&nbsp;7, 2018 (the &#147;<U>Base Indenture</U>&#148;) between the Issuer and
U.S.&nbsp;Bank National Association, as trustee (the &#147;<U>Trustee</U>&#148;), as amended by a Third Supplemental Indenture to be dated as of July&nbsp;8, 2021, with respect to the 2031 Notes, and a Fourth Supplemental Indenture to be dated as of
July&nbsp;8, 2021, with respect to the 2051 Notes (collectively, the &#147;<U>Supplemental Indentures</U>&#148; and together with the Base Indenture, the &#147;<U>Indenture</U>&#148;), between the Issuer and the Trustee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Issuer hereby confirms its agreement with the several Underwriters concerning the purchase and sale of the Securities, as follows: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">1.&nbsp;&nbsp;&nbsp;&nbsp;<U>Registration Statement</U>. An &#147;automatic shelf registration statement&#148; as defined under Rule&nbsp;405
under the Securities Act of&nbsp;1933, as amended (the &#147;<U>Securities Act</U>&#148;), on Form&nbsp;S- </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
3 (File Nos. <FONT STYLE="white-space:nowrap">333-239227</FONT> and <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">333-239227-01)</FONT></FONT> in respect of the Securities has
been filed with the Securities and Exchange Commission (the &#147;<U>Commission</U>&#148;) not earlier than three years prior to the date hereof; such registration statement, and any post-effective amendment thereto, became effective upon filing;
and no stop order suspending the effectiveness of such registration statement or any part thereof has been issued and no proceeding for that purpose has been initiated or, to the knowledge of the Issuer, threatened by the Commission, and no notice
of objection of the Commission to the use of such registration statement or any post-effective amendment thereto pursuant to Rule&nbsp;401(g)(2) under the Securities Act has been received by the Issuer (the base prospectus filed as part of such
registration statement, in the form in which it has most recently been filed with the Commission on or prior to the date of this Agreement, is hereinafter called the &#147;<U>Basic Prospectus</U>&#148;; any preliminary prospectus (including any
preliminary prospectus supplement) relating to the Securities filed with the Commission pursuant to Rule&nbsp;424(b) under the Securities Act is hereinafter called a &#147;<U>Preliminary Prospectus</U>&#148;; the various parts of such registration
statement, including all exhibits thereto and including any prospectus supplement relating to the Securities that is filed with the Commission and deemed by virtue of Rule&nbsp;430B to be part of such registration statement, each as amended at the
time such part of the registration statement became effective, are hereinafter collectively called the &#147;<U>Registration Statement</U>&#148;; the Basic Prospectus, as amended and supplemented by the Preliminary Prospectus immediately prior to
the Applicable Time (as defined below), is hereinafter called the &#147;<U>Pricing Prospectus</U>&#148;; the form of the final prospectus relating to the Securities filed with the Commission pursuant to Rule&nbsp;424(b) under the Securities Act in
accordance with Section&nbsp;5(a) hereof is hereinafter called the &#147;<U>Prospectus</U>&#148;; any reference herein to the Basic Prospectus, the Pricing Prospectus, any Preliminary Prospectus or the Prospectus shall be deemed to refer to and
include the documents incorporated by reference therein pursuant to Item&nbsp;12 of <FONT STYLE="white-space:nowrap">Form&nbsp;S-3</FONT> under the Securities Act, as of the date of such Basic Prospectus, such Pricing Prospectus, such Preliminary
Prospectus, or the Prospectus, as the case may be; any reference to any amendment or supplement to the Basic Prospectus, any Preliminary Prospectus or the Prospectus shall be deemed to refer to and include any post-effective amendment to the
Registration Statement, any prospectus supplement relating to the Securities filed with the Commission pursuant to Rule&nbsp;424(b) under the Securities Act and any documents filed under the Securities Exchange Act of&nbsp;1934, as amended (the
&#147;<U>Exchange Act</U>&#148;), and incorporated therein, in each case after the date of the Basic Prospectus, such Preliminary Prospectus, or the Prospectus, as the case may be; any reference to any amendment to the Registration Statement shall
be deemed to refer to and include any annual report of the Issuer or American Homes&nbsp;4 Rent, a Maryland real estate investment trust (&#147;<U>AHR</U>&#148;), filed pursuant to Section&nbsp;13(a) or&nbsp;15(d) of the Exchange Act after the
effective date of the Registration Statement that is incorporated by reference in the Registration Statement; and any &#147;issuer free writing prospectus&#148; as defined in Rule&nbsp;433 under the Securities Act relating to the Securities,
including the items listed on Schedule&nbsp;2(a) and&nbsp;2(c) hereto, is hereinafter called an &#147;<U>Issuer Free Writing Prospectus</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For the purposes of this agreement (this &#147;<U>Agreement</U>&#148;), the &#147;<U>Applicable Time</U>&#148; is&nbsp;4:25 p.m. (New York
City time) on the date of this Agreement. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp;<U>Purchase and Sale of the Securities</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;The Issuer agrees to issue and sell the Securities to the several Underwriters as provided in this Agreement, and
each Underwriter, on the basis of the representations, warranties </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
and agreements set forth herein and subject to the conditions set forth herein, agrees, severally and not jointly, to purchase from the Issuer (a)&nbsp;in the case of the 2031 Notes, the
respective principal amount of 2031 Notes set forth opposite such Underwriter&#146;s name in Schedule&nbsp;1 hereto at a price equal to&nbsp;97.863% of the principal amount thereof, and (b)&nbsp;in the case of the 2051 Notes, the respective
principal amount of 2051 Notes set forth opposite such Underwriter&#146;s name in Schedule&nbsp;1 hereto at a price equal to&nbsp;97.087% of the principal amount thereof, in each case, plus accrued interest, if any, from July&nbsp;8, 2021 to the
Closing Date (as defined below). The Issuer will not be obligated to deliver any of the Securities except upon payment for all the Securities to be purchased as provided herein. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;The Issuer understands that the Underwriters intend to make a public offering of the Securities as soon after the
effectiveness of this Agreement as in the judgment of the Representatives is advisable, and initially to offer the Securities on the terms set forth in the Pricing Disclosure Package (as defined below). The Issuer acknowledges and agrees that the
Underwriters may offer and sell Securities to or through any affiliate of an Underwriter and that any such affiliate may offer and sell Securities purchased by it to or through any Underwriter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;Payment for and delivery of the Securities will be made at the offices of Paul Hastings LLP, 515 South Flower
Street, Twenty-Fifth Floor, Los Angeles, California 90071 at&nbsp;10:00 A.M., New York City time, on July&nbsp;8, 2021, or at such other time or place on the same or such other date, not later than the fifth business day thereafter, as the
Representatives and the Issuer may agree upon in writing. The time and date of such payment and delivery is referred to herein as the &#147;<U>Closing Date</U>&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;Payment for the Securities shall be made by wire transfer in immediately available funds to the account(s)
specified by the Issuer to the Representatives against delivery to the nominee of The Depository Trust Company (&#147;<U>DTC</U>&#148;), for the account of the Underwriters, of one or more global notes representing the Securities (collectively, the
&#147;<U>Global Note</U>&#148;), with any transfer taxes payable in connection with the sale of the Securities duly paid by the Issuer. The Global Note will be made available for inspection by the Representatives not later than&nbsp;1:00 P.M., New
York City time, on the business day prior to the Closing Date. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;The Issuer acknowledges and agrees that
(i)&nbsp;the purchase and sale of the Securities pursuant to this Agreement is an <FONT STYLE="white-space:nowrap">arm&#146;s-length</FONT> commercial transaction between the Issuer, on the one hand, and the several Underwriters, on the other, and
does not constitute a recommendation, investment advice or solicitation of any action by the Underwriters, (ii)&nbsp;in connection therewith and with the process leading to such transaction each Underwriter is acting solely as a principal and not
the agent or fiduciary of the Issuer, (iii)&nbsp;no Underwriter has assumed an advisory or fiduciary responsibility in favor of the Issuer with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such
Underwriter has advised or is currently advising the Issuer on other matters) or any other obligation to the Issuer except the obligations expressly set forth in this Agreement, (iv)&nbsp;the Underwriters have not provided any legal, accounting,
regulatory, investment or tax advice with respect to the offering of the Securities and the Issuer has consulted its own legal and financial advisors to the extent it deemed appropriate, and (v)&nbsp;none of the activities of the Underwriters in
connection with the transactions contemplated herein constitutes a recommendation, investment advice or solicitation of any action by the Underwriters with respect to any entity or natural person. The Issuer agrees
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
that it will not claim that the Underwriters, or any of them, has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Issuer in connection with such
transaction or the process leading thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">3.&nbsp;&nbsp;&nbsp;&nbsp;<U>Representations and Warranties of the Issuer</U>. The Issuer
represents and warrants to each Underwriter that: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<I>Pricing Disclosure Package and Issuer Free Writing
Prospectus</I>. The Pricing Prospectus, as of the Applicable Time, as supplemented by the information listed on Schedule&nbsp;2(c) hereto, taken together (collectively, the &#147;<U>Pricing Disclosure Package</U>&#148;), did not include any untrue
statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; and each Issuer Free Writing Prospectus listed on
Schedule&nbsp;2(a) and&nbsp;2(c) hereto does not conflict with the information contained in the Registration Statement, the Basic Prospectus, the Pricing Prospectus or the Prospectus and each such Issuer Free Writing Prospectus, each as supplemented
by and taken together with the Pricing Disclosure Package, as of the Applicable Time, did not include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the
circumstances under which they were made, not misleading; provided, however, that this representation and warranty shall not apply to statements or omissions made in reliance upon and in conformity with information furnished in writing to the Issuer
by the Underwriters through the Representatives expressly for use therein. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;<I>Preliminary Prospectus</I>. No
order preventing or suspending the use of any Preliminary Prospectus or any Issuer Free Writing Prospectus has been issued by the Commission, and each Preliminary Prospectus, at the time of filing thereof, conformed in all material respects to the
requirements of the Securities Act and the rules and regulations of the Commission thereunder, and did not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the
statements therein, in the light of the circumstances under which they were made, not misleading; provided, however, that this representation and warranty shall not apply to any statements or omissions made in reliance upon and in conformity with
information furnished in writing to the Issuer by the Underwriters through the Representatives expressly for use therein. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;<I>Incorporated Documents</I>. The documents incorporated by reference in the Pricing Prospectus and the
Prospectus, when they became effective or were filed with the Commission, as the case may be, conformed in all material respects to the requirements of the Securities Act or the Exchange Act, as applicable, and the rules and regulations of the
Commission thereunder, and none of such documents contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein not misleading; any further documents so
filed and incorporated by reference in the Prospectus or any further amendment or supplement thereto, when such documents become effective or are filed with the Commission, as the case may be, will conform in all material respects to the
requirements of the Securities Act or the Exchange Act, as applicable, and the rules and regulations of the Commission thereunder and will not contain an untrue statement of a material fact or omit to state a material fact required to be stated
therein or necessary to make the statements therein not misleading; provided, however, that this </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
representation and warranty shall not apply to any statements or omissions made in reliance upon and in conformity with information furnished in writing to the Issuer by the Underwriters
expressly for use therein; and no such documents were filed with the Commission since the Commission&#146;s close of business on the business day immediately prior to the date of this Agreement and prior to the execution of this Agreement, except as
set forth on Schedule&nbsp;2(b) hereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;<I>Registration Statement and Prospectus</I>. The Registration
Statement conforms, and the Prospectus and any further amendments or supplements to the Registration Statement and the Prospectus will conform, in all material respects to the requirements of the Securities Act and the rules and regulations of the
Commission thereunder and the Trust Indenture Act of&nbsp;1939, as amended, and the rules and regulations of the Commission thereunder (collectively, the &#147;<U>Trust Indenture Act</U>&#148;), and do not and will not, as of the applicable
effective date as to each part of the Registration Statement and as of the applicable filing date as to the Prospectus and any amendment or supplement thereto, contain an untrue statement of a material fact or omit to state a material fact required
to be stated therein or necessary to make the statements therein not misleading; provided, however, that this representation and warranty shall not apply to (i)&nbsp;that part of the Registration Statement that constitutes the Statement of
Eligibility and Qualification <FONT STYLE="white-space:nowrap">(Form&nbsp;T-1)</FONT> of the Trustee under the Trust Indenture Act and (ii)&nbsp;any statements or omissions made in reliance upon and in conformity with information furnished in
writing to the Issuer by the Underwriters through the Representatives expressly for use therein. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;<I>Organization and Good Standing</I>. AHR is a real estate investment trust duly organized and validly existing
and in good standing under the laws of the State of Maryland, with requisite real estate investment trust power and authority to own, lease or operate its properties and to conduct its business as described in the Pricing Prospectus; the Issuer is a
limited partnership duly organized and validly existing and in good standing under the laws of the State of Delaware, with requisite limited partnership power and authority to own, lease or operate its properties and to conduct its business as
described in the Pricing Prospectus; the only significant subsidiaries, direct or indirect, of the Issuer are listed on Schedule&nbsp;3 hereto (each a &#147;<U>Issuer Subsidiary</U>&#148; and, collectively, the &#147;<U>Issuer
Subsidiaries</U>&#148;); each Issuer Subsidiary is duly organized and validly existing as a corporation, limited liability company or limited partnership, as applicable, in good standing under the laws of the state of its incorporation or
organization, as applicable, with requisite corporate, limited liability company or limited partnership power and authority to own, lease or operate its properties and to conduct its business as described in the Pricing Prospectus; no direct or
indirect subsidiary of the Issuer is currently prohibited, directly or indirectly, from paying any dividends or distributions to the Issuer, from repaying to the Issuer any loans or advances from the Issuer to such direct or indirect subsidiary of
the Issuer or from transferring any of such subsidiary&#146;s property or assets to the Issuer or any other direct or indirect subsidiary of the Issuer; all of the outstanding limited liability company or partnership interests, as the case may be,
of each of the Issuer Subsidiaries are, except as described in the Pricing Prospectus, owned by the Issuer or another Issuer Subsidiary free and clear of all liens, encumbrances and equities and claims. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f)&nbsp;&nbsp;&nbsp;&nbsp;<I>Due Authorization</I>. The Issuer has full right, power and authority to execute and deliver this Agreement, the
Securities and the Indenture (collectively, the &#147;<U>Transaction Documents</U>&#148;) and to perform its obligations hereunder and thereunder; and all action required to </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
be taken for the due and proper authorization, execution and delivery of each of the Transaction Documents and the consummation of the transactions contemplated hereby and thereby has been duly
and validly taken. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g)&nbsp;&nbsp;&nbsp;&nbsp;<I>The Indenture</I>. The Base Indenture has been duly authorized, executed and delivered
by the Issuer and constitutes a valid and legally binding agreement of the Issuer enforceable against the Issuer in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, reorganization, moratorium, insolvency
or similar laws affecting the enforcement of creditors&#146; rights generally or by equitable principles relating to enforceability (collectively, the &#147;<U>Enforceability Exceptions</U>&#148;); each of the Supplemental Indentures has been duly
authorized by the Issuer and on the Closing Date will be duly executed and delivered by the Issuer and, when duly executed and delivered in accordance with its terms by the Trustee, will constitute a valid and legally binding agreement of the Issuer
enforceable against the Issuer in accordance with its terms, subject to the Enforceability Exceptions, and the Indenture will conform in all material respects to the requirements of, and will be qualified under, the Trust Indenture Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h)&nbsp;&nbsp;&nbsp;&nbsp;<I>The Securities</I>. The Securities have been duly authorized by the Issuer and, when duly executed,
authenticated, issued and delivered as provided in the Indenture and paid for as provided herein, will constitute valid and legally binding obligations of the Issuer enforceable against the Issuer in accordance with their terms, subject to the
Enforceability Exceptions, and will be entitled to the benefits of the Indenture. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;<I>Underwriting
Agreement</I>. This Agreement has been duly authorized, executed and delivered by the Issuer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j)&nbsp;&nbsp;&nbsp;&nbsp;<I>Licenses and
Permits</I>. AHR, the Issuer and each Issuer Subsidiary is duly qualified or licensed by, and is in good standing in, each jurisdiction in which it conducts its business, or in which it owns or leases property or maintains an office and in which
such qualification or licensing is necessary and in which the failure, individually or in the aggregate, to be so qualified or licensed could reasonably be expected to have a material adverse effect on the business, condition (financial or
otherwise), results of operations or prospects of the Issuer and the Issuer Subsidiaries taken as a whole (a &#147;<U>Material Adverse Effect</U>&#148;). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k)&nbsp;&nbsp;&nbsp;&nbsp;<I>Title to Real and Personal Property</I>. AHR, the Issuer and each Issuer Subsidiary has legal, valid and
defensible title to all assets and properties reflected as owned by it in the Pricing Prospectus and the Prospectus (whether through fee ownership or similar rights of ownership), in each case free and clear of all liens, security interests,
pledges, charges, encumbrances, mortgages and defects, except such as are disclosed in both the Pricing Prospectus and the Prospectus or as could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect; any
real property or personal property held under lease by AHR, the Issuer or any Issuer Subsidiary is held under a lease that is valid, existing and enforceable by AHR, the Issuer or the Issuer Subsidiaries, as applicable, with such exceptions as are
disclosed in the Pricing Prospectus and the Prospectus or as could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect; none of AHR, the Issuer or any Issuer Subsidiary has received any notice of any
material claim of any sort that has been asserted by anyone adverse to the rights of AHR, the Issuer or any Issuer Subsidiary under </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
any such lease, with such exceptions as are disclosed in the Pricing Prospectus and the Prospectus or as could not reasonably be expected, individually or in the aggregate, to have a Material
Adverse Effect; no tenant under any lease to which AHR, the Issuer or any Issuer Subsidiary leases any portion of its property is in default under such lease, except as could not otherwise be reasonably expected, individually or in the aggregate, to
have a Material Adverse Effect; none of AHR, the Issuer or any Issuer Subsidiary has knowledge of any pending or threatened condemnation, zoning change or other proceeding or action that will in any manner affect the size of, use of, improvements
on, construction on, or access to the properties of any of AHR, the Issuer or any Issuer Subsidiary except as disclosed in both the Pricing Prospectus and the Prospectus or as could not otherwise be reasonably expected, individually or in the
aggregate, to have a Material Adverse Effect; title insurance in favor of AHR, the Issuer or the applicable Issuer Subsidiary has been obtained with respect to each property owned by any such entity in an amount that is customary for companies
engaged in the same or similar businesses, except where the failure to maintain such title insurance could not otherwise be reasonably expected, individually or in the aggregate, to have a Material Adverse Effect; and none of AHR, the Issuer or any
Issuer Subsidiary has sold or contracted to sell any real property except as disclosed in both the Pricing Prospectus and the Prospectus or as could not otherwise be reasonably expected, individually or in the aggregate, to have a Material Adverse
Effect. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l)&nbsp;&nbsp;&nbsp;&nbsp;<I>Intellectual Property</I>. AHR, the Issuer and each Issuer Subsidiary owns or possesses such
licenses or other rights to use all patents, trademarks, service marks, trade names, copyrights, software and design licenses, trade secrets, manufacturing processes, other intangible property rights and
<FONT STYLE="white-space:nowrap">know-how</FONT> (collectively &#147;<U>Intangibles</U>&#148;), as are necessary to entitle&nbsp;AHR, the Issuer and each Issuer Subsidiary to conduct their respective businesses described in the Pricing Prospectus
and the Prospectus, and none of AHR, the Issuer or any Issuer Subsidiary has received written notice of any infringement of or conflict with (and, upon due inquiry, none of AHR, the Issuer or any Issuer Subsidiary knows of any such infringement of
or conflict with) asserted rights of others with respect to any Intangibles which could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m)&nbsp;&nbsp;&nbsp;&nbsp;<I>IT Systems and Data</I>. AHR, the Issuer and the Issuer Subsidiaries own or have a valid right to access and use
all information technology and computer systems, networks, hardware, software, databases, websites and equipment used to process, store, maintain and operate data, information and functions used in connection with the business of AHR, the Issuer and
the Issuer Subsidiaries, including the data of AHR&#146;s, the Issuer&#146;s and the Issuer Subsidiaries&#146; respective customers, employees, suppliers, vendors and any third party data maintained by or on behalf of them (collectively with such
data, the &#147;<U>IT Systems and Data</U>&#148;). (i)&nbsp;Except as disclosed in both the Pricing Prospectus and the Prospectus, the Issuer and AHR are not aware of any security breach or other compromise of or relating to the IT Systems and Data;
(ii)&nbsp;AHR, the Issuer and the Issuer Subsidiaries have not been notified of, and have no knowledge of any event or condition that would reasonably be expected to result in, any security breach or other compromise to their IT Systems and Data;
(iii)&nbsp;AHR, the Issuer and the Issuer Subsidiaries believe they have implemented commercially reasonable backup and disaster recovery technology, including with respect to enabling AHR, the Issuer and the Issuer Subsidiaries to fulfill relevant
contractual obligations; (iv)&nbsp;the IT Systems and Data are adequate for, and operate and perform in all material respects as required in connection with, the operation of the business of AHR, the Issuer and the Issuer Subsidiaries as currently
conducted; and (v)&nbsp;AHR, the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
Issuer and the Issuer Subsidiaries believe they are presently in compliance with all applicable laws or statutes and all judgments, orders, rules and regulations of any court or arbitrator or
governmental or regulatory authority relating to the privacy and security of IT Systems and Data and to the protection of such IT Systems and Data from unauthorized use, access, misappropriation or modification, except as would not, in the case of
each of clauses&nbsp;(i)-(v) above, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(n)&nbsp;&nbsp;&nbsp;&nbsp;<I>Compliance with ERISA</I>. None of AHR, the Issuer or any Issuer Subsidiary has violated, or received notice of
any violation with respect to, any law, rule, regulation, order decree or judgment applicable to it and its business, including those relating to transactions with affiliates, environmental, safety or similar laws, federal or state laws relating to
discrimination in the hiring, promotion or pay of employees, federal or state wages and hours law, the Employee Retirement Income Security Act of&nbsp;1974, as amended (&#147;<U>ERISA</U>&#148;), or the rules and regulations promulgated thereunder,
except for those violations that would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(o)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Unlawful Payments</I>. None of AHR, the Issuer, any Issuer Subsidiary or any of their respective officers,
trustees, directors, agents, employees or affiliates purporting to act on behalf of AHR, the Issuer or any Issuer Subsidiary, has within the past five years, directly or indirectly, (i)&nbsp;used corporate funds to make any unlawful contribution,
gift, entertainment or other unlawful expense relating to political activity, (ii)&nbsp;made or taken an act in furtherance of an offer, promise or authorization of any unlawful payment or benefit to any domestic or foreign governmental official or
employee, or other person charged with similar public or quasi-public duties, other than payments required or allowed by applicable law (including the Foreign Corrupt Practices Act of&nbsp;1977, as amended (the &#147;<U>FCPA</U>&#148;)),
(iii)&nbsp;engaged in any transactions, maintained any bank account or used any corporate funds except for transactions, bank accounts and funds which have been and are reflected in the normally maintained books and records of AHR,
(iv)&nbsp;violated or is in violation of any provision of the FCPA or any applicable law or regulation implementing the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, or any other applicable
anti-bribery or anti-corruption law, or (v)&nbsp;made, offered, agreed, requested or taken an act in furtherance of any unlawful bribe or other unlawful benefit, including, without limitation, any rebate, payoff, influence payment, kickback or other
unlawful or improper payment or benefit. AHR, the Issuer and the Issuer Subsidiaries have instituted, maintain and enforce, and reasonably expect to continue to maintain and enforce, policies and procedures designed to ensure compliance with
applicable anti- bribery and anti-corruption laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(p)&nbsp;&nbsp;&nbsp;&nbsp;<I>REIT Status</I>. AHR has made an election to be taxed as
a &#147;real estate investment trust&#148; (a &#147;<U>REIT</U>&#148;) under Sections&nbsp;856 through&nbsp;860 of the provisions of the Internal Revenue Code of&nbsp;1986, as amended, including the regulations and published interpretations
thereunder (the &#147;<U>Code</U>&#148;), commencing with its initial taxable year ending December&nbsp;31, 2012; as of the Closing Date, AHR will be organized in conformity with the requirements for qualification and taxation as a REIT; the
proposed method of operation of AHR as described in the Pricing Prospectus and the Prospectus will enable AHR to meet the requirements for qualification and taxation as a REIT under the Code and no actions have been taken (or not taken which are
required to be taken) by AHR that could cause AHR to fail to qualify as a REIT; AHR has no intention of </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
changing its operations or engaging in activities that could cause it to fail to qualify, or make economically undesirable its continued qualification, as a REIT. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(q)&nbsp;&nbsp;&nbsp;&nbsp;<I>Insider Loans</I>. There are no outstanding loans or advances or guarantees of indebtedness by AHR, the Issuer
or any Issuer Subsidiary to or for the benefit of any of the officers, trustees, directors, affiliates or representatives of AHR, the Issuer or any Issuer Subsidiary or any of the members of the families of any of them. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(r)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Broker&#146;s Fees</I>. Except with respect to the Underwriters, none of AHR, the Issuer or any Issuer
Subsidiary has incurred any liability for any finder&#146;s fees or similar payments in connection with the transactions contemplated hereby. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(s)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Violation or Default</I>. None of AHR, the Issuer or any Issuer Subsidiary is in breach or violation of, or
in default under (nor has any event occurred which with notice, lapse of time, or both would constitute a breach or violation of, or default under) (i)&nbsp;its respective charter, bylaws, limited liability company agreement, partnership agreement
or other organizational documents, in each case as amended as of the date hereof (collectively, the &#147;<U>Charter Documents</U>&#148;), (ii)&nbsp;the performance or observance of any obligation, agreement, covenant or condition contained in any
contract, license, indenture, mortgage, deed of trust, bank loan or credit agreement or other agreement or instrument to which AHR, the Issuer or such Issuer Subsidiary is a party or by which it or its respective properties may be bound or affected
or (iii)&nbsp;any federal, state, local or foreign law, regulation or rule or any decree, judgment, permit or order applicable to AHR, the Issuer or any Issuer Subsidiary, except, in the case of clauses&nbsp;(ii) and (iii)&nbsp;above, for such
breaches, violations or defaults which would not, individually or in the aggregate, have a Material Adverse Effect. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(t)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Conflicts</I>. The execution, delivery and performance by the Issuer of each of the Transaction Documents,
the issuance and sale of the Securities and compliance by the Issuer with the terms hereof and thereof and the consummation of the transactions contemplated by the Transaction Documents will not conflict with, or result in any breach of or
constitute a default under (nor constitute any event which with notice, lapse of time, or both would constitute a breach of, or default under), (i)&nbsp;any provision of the Charter Documents of the Issuer or any Issuer Subsidiaries, (ii)&nbsp;any
provision of any contract, license, indenture, mortgage, deed of trust, bank loan or credit agreement or other agreement or instrument to which the Issuer or any Issuer Subsidiary is a party or by which it or its respective properties may be bound
or affected or (iii)&nbsp;any federal, state, local or foreign law, regulation or rule or any decree, judgment, permit or order applicable to the Issuer or any Issuer Subsidiary, except in the case of clauses&nbsp;(ii) or (iii)&nbsp;for such
conflicts, breaches or defaults that have been validly waived or would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect or result in the creation or imposition of any material lien, charge, claim or
encumbrance upon any property or asset of the Issuer or any Issuer Subsidiary. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(u)&nbsp;&nbsp;&nbsp;&nbsp;<I>Descriptions of the
Transaction Documents</I>. Each Transaction Document conforms in all material respects to the descriptions thereof contained in both the Pricing Prospectus and the Prospectus. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(v)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Consents Required</I>. No approval, authorization, consent
or order of or filing with any federal, state, local or foreign governmental or regulatory commission, board, body, authority or agency is required in connection with the execution, delivery and performance by the Issuer of each of the Transaction
Documents, the issuance and sale of the Securities and the compliance by the Issuer with the terms thereof and the consummation of the transactions contemplated by the Transaction Documents, other than (i)&nbsp;the registration under the Securities
Act of the Securities, (ii)&nbsp;the approval by the Financial Industry Regulatory Authority (&#147;<U>FINRA</U>&#148;) of the underwriting terms and arrangements, if required, and (iii)&nbsp;any necessary qualification under the securities or blue
sky laws of the various jurisdictions in which the Securities are being offered by the Underwriters. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(w)&nbsp;&nbsp;&nbsp;&nbsp;<I>Business Licenses</I>. AHR, the Issuer and each Issuer Subsidiary have all necessary licenses, permits,
certificates, authorizations, consents and approvals and have made all necessary filings required under any federal, state, local or foreign law, regulation or rule, and have obtained all necessary licenses, permits, certificates, authorizations,
consents and approvals from other persons required in order to conduct their respective businesses as described in both the Pricing Prospectus and the Prospectus, except to the extent that any failure to have any such licenses, permits,
certificates, authorizations, consents or approvals, to make any such filings or to obtain any such licenses, permits, certificates, authorizations, consents or approvals would not, individually or in the aggregate, have a Material Adverse Effect;
and none of AHR, the Issuer or any Issuer Subsidiary is in violation of, or in default under, any such license, permit, certificate, authorization, consent or approval or any federal, state, local or foreign law, regulation or rule or any decree,
order or judgment applicable to AHR, the Issuer or any Issuer Subsidiary, the effect of which could reasonably be expected to have a Material Adverse Effect. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(x)&nbsp;&nbsp;&nbsp;&nbsp;<I>Diligence Documents</I>. The copies of all contracts, agreements, instruments, rent rolls and other documents
(including governmental licenses, authorizations, permits, consents and approvals and all amendments or waivers relating to any of the foregoing) that have been previously furnished to the Representatives or their counsel are complete and genuine
and include all material collateral and supplemental agreements thereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(y)&nbsp;&nbsp;&nbsp;&nbsp;<I>Legal Proceedings</I>. There are
no actions, suits, proceedings, inquiries or investigations pending or, to the knowledge of AHR, the Issuer or any Issuer Subsidiary, threatened against AHR, the Issuer or any Issuer Subsidiary or any of their respective properties, trustees,
directors, officers or affiliates at law or in equity, or before or by any federal, state, local or foreign governmental or regulatory commission, board, body, authority or agency of a character required to be disclosed in the Registration Statement
or Prospectus which is not adequately disclosed in the Preliminary Prospectus and the Prospectus; other than the Underwriters, none of AHR, the Issuer or any Issuer Subsidiary has authorized anyone other than AHR&#146;s trustees and AHR&#146;s
officers to make any representations regarding the offer and sale of the Securities, or regarding AHR, the Issuer or such Issuer Subsidiary in connection therewith; and none of AHR, the Issuer or any Issuer Subsidiary has received notice of any
order or decree preventing the use of the Pricing Prospectus or the Prospectus or any amendment or supplement thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(z)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Material Adverse Change</I>. Subsequent to the date of the Preliminary Prospectus, and except as may be
otherwise stated in both the Pricing Prospectus and the </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
Prospectus, there has not been (i)&nbsp;any event, circumstance or change that has, or could reasonably be expected, individually or in the aggregate, to have, a Material Adverse Effect,
(ii)&nbsp;any transaction, other than in the ordinary course of business, which is material to AHR, the Issuer or any Issuer Subsidiary, contemplated or entered into by AHR, the Issuer or any Issuer Subsidiary, (iii)&nbsp;any obligation, contingent
or otherwise, directly or indirectly incurred by AHR or the Issuer, other than in the ordinary course of business, which is material to AHR, the Issuer or any Issuer Subsidiary, (iv)&nbsp;any dividend or distribution of any kind declared, paid or
made by AHR, the Issuer or any Issuer Subsidiary on any class of its equity shares (or limited liability company or partnership interests, as applicable) or any purchase by AHR, the Issuer or any Issuer Subsidiary of any of its outstanding shares of
beneficial interest (or limited liability company or partnership interests, as applicable), (v)&nbsp;any change of the shares of beneficial interest (or limited liability company or partnership interests, as applicable) of the Issuer or any Issuer
Subsidiary, or (vi)&nbsp;any change of indebtedness of AHR, the Issuer or any Issuer Subsidiary. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(aa)&nbsp;&nbsp;&nbsp;&nbsp;<I>Investment Company Act</I>. None of AHR, the Issuer or any Issuer Subsidiary is or, upon the sale of the
Securities as contemplated herein and the application of any of the net proceeds therefrom as described in both the Pricing Prospectus and the Prospectus under the caption &#147;Use of Proceeds,&#148; will be an &#147;investment company&#148; or an
entity &#147;controlled&#148; by an &#147;investment company&#148; (as such terms are defined in the Investment Company Act of&nbsp;1940, as amended, and the rules and regulations promulgated thereunder). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(bb)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Registration Rights</I>. No person has the right to require AHR or the Issuer or any Issuer Subsidiary to
register any securities for sale under the Securities Act by reason of the filing of the Registration Statement with the Commission or the issuance and sale of the Securities. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(cc)&nbsp;&nbsp;&nbsp;&nbsp;<I>Conflicts of Interest</I>. None of the independent trustees named in the Pricing Prospectus and the Prospectus
has, within the last five years, been employed by or affiliated, directly or indirectly, with AHR, the Issuer or any Issuer Subsidiary, whether by ownership of, ownership interest in, employment by, any material business or professional relationship
with, or serving as an officer, trustee or director of AHR, the Issuer or any Issuer Subsidiary or any of their respective affiliates other than as disclosed in the Prospectus. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(dd)&nbsp;&nbsp;&nbsp;&nbsp;<I>Broker Dealer</I>. None of AHR, the Issuer, any Issuer Subsidiary or any of their respective affiliates
(i)&nbsp;is required to register as a &#147;broker&#148; or &#147;dealer&#148; in accordance with the provisions of the Exchange Act or the rules and regulations thereunder, or (ii)&nbsp;directly, or indirectly through one or more intermediaries,
controls or has any other association with (within the meaning of Article&nbsp;1 of the Bylaws of FINRA) any member firm of FINRA. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ee)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Stabilization</I>. None of AHR, the Issuer, any Issuer Subsidiary or any of their respective directors,
trustees, officers, representatives or affiliates has taken, directly or indirectly, any action intended, or that might reasonably be expected, to cause or result, under the Securities Act, the Exchange Act or otherwise, in, or that has constituted,
stabilization or manipulation of the price of any security of the Issuer to facilitate the sale or resale of the Securities. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ff)&nbsp;&nbsp;&nbsp;&nbsp;<I>Margin Rules</I>. Neither the issuance, sale and delivery of
the Securities nor the application of the proceeds thereof by the Issuer as described in each of Pricing Prospectus and the Prospectus will violate Regulation&nbsp;T, U or X of the Board of Governors of the Federal Reserve System or any other
regulation of such Board of Governors. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(gg)&nbsp;&nbsp;&nbsp;&nbsp;<I>Insurance</I>. <I>AHR, </I>the Issuer and each Issuer Subsidiary
carries, or is covered by, insurance (issued by insurers of recognized financial responsibility to the best knowledge of AHR) in such amounts and covering such risks as is appropriate for the conduct of their respective businesses and the value of
the assets to be held by them upon the consummation of the transactions contemplated by both the Pricing Prospectus and the Prospectus and as is customary for companies engaged in businesses similar to the business of AHR, the Issuer and the Issuer
Subsidiaries, all of which insurance is in full force and effect. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(hh)&nbsp;&nbsp;&nbsp;&nbsp;<I>Financial Statements</I>. The
consolidated financial statements of AHR, including the notes thereto, included or incorporated by reference in both the Pricing Prospectus and the Prospectus fairly present in all material respects the financial condition of AHR as of the
respective dates thereof, and the results of its operations for the periods then ended, correctly reflect and disclose all extraordinary items, and have been prepared in conformity with U.S.&nbsp;generally accepted accounting principles
(&#147;<U>GAAP</U>&#148;) applied on a consistent basis. The consolidated financial statements of the Issuer, including the notes thereto, included or incorporated by reference in both the Pricing Prospectus and the Prospectus fairly present in all
material respects the financial condition of the Issuer as of the respective dates thereof, and the results of its operations for the periods then ended, correctly reflect and disclose all extraordinary items, and have been prepared in conformity
with GAAP applied on a consistent basis. All disclosures contained in the Registration Statement, the Basic Prospectus, the Pricing Prospectus or the Prospectus regarding <FONT STYLE="white-space:nowrap">&#147;non-GAAP</FONT> financial
measures&#148; (as such term is defined by the rules and regulations of the Commission) comply with Regulation&nbsp;G of the Exchange Act and Item&nbsp;10 of <FONT STYLE="white-space:nowrap">Regulation&nbsp;S-K</FONT> of the Securities Act, to the
extent applicable. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp;<I>Independent Accountants</I>. Ernst&nbsp;&amp; Young LLP, who has certified certain
financial statements included or incorporated by reference in the Pricing Prospectus and the Prospectus, whose reports with respect to such financial statements included or incorporated by reference in the Pricing Prospectus and the Prospectus are
included or incorporated by reference in the Pricing Prospectus and the Prospectus and who have delivered the comfort letters referred to in Section&nbsp;6(f)(i) hereof, is an independent registered public accounting firm with respect to AHR and the
Issuer within the meaning of the Securities Act and the rules and regulations of the Commission thereunder. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(jj)&nbsp;&nbsp;&nbsp;&nbsp;<I>Accounting Controls</I>. AHR maintains systems of internal control over financial reporting (as such term is
defined in <FONT STYLE="white-space:nowrap">Rule&nbsp;13a-15(f)</FONT> under the Exchange Act) that comply with the requirements of the Exchange Act and have been designed by AHR&#146;s principal executive officer and principal financial officer, or
under their supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP, including, but not limited to, internal accounting
controls sufficient to provide reasonable assurance that (i)&nbsp;transactions are executed in accordance with management&#146;s general or specific authorizations, (ii)&nbsp;transactions are recorded as necessary to permit preparation of financial
statements in conformity with GAAP and to </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
maintain asset accountability, (iii)&nbsp;access to assets is permitted only in accordance with management&#146;s general or specific authorization, (iv)&nbsp;the recorded accountability for
assets is compared with the existing assets at reasonable intervals and appropriate action is taken with respect to any differences, and (v)&nbsp;the interactive data in eXtensible Business Reporting Language included or incorporated by reference in
the Registration Statement, the Basic Prospectus and the Prospectus fairly presents the information called for in all material respects and is prepared in accordance with the Commission&#146;s rules and guidelines applicable thereto. Except as
disclosed in each of the Pricing Prospectus and the Prospectus, there are no material weaknesses in AHR&#146;s internal controls; since the date of the latest audited financial statements included or incorporated by reference in the Pricing
Prospectus, there has been no change in AHR&#146;s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, AHR&#146;s internal control over financial reporting. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(kk)&nbsp;&nbsp;&nbsp;&nbsp;<I>Disclosure Controls</I>. AHR maintains disclosure controls and procedures (as such term is defined in <FONT
STYLE="white-space:nowrap">Rule&nbsp;13a-15(e)</FONT> under the Exchange Act) that comply with the requirements of the Exchange Act; such disclosure controls and procedures are designed to ensure that material information relating to AHR, the Issuer
and the Issuer Subsidiaries is made known to AHR&#146;s principal executive officer and principal financial officer by others within those entities; and such disclosure controls and procedures are effective in all material respects. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ll)&nbsp;&nbsp;&nbsp;&nbsp;<I>Compliance with Anti-Money Laundering Laws</I>. None of AHR, the Issuer, any Issuer Subsidiary or, to the
knowledge of AHR, the Issuer or any Issuer Subsidiary, any director, trustee, officer, employee, agent or affiliate of AHR, the Issuer or any Issuer Subsidiary, has made any payment of funds of AHR, the Issuer or any Issuer Subsidiary or received or
retained any funds in violation of any law, rule or regulation, including without limitation the &#147;know your customer&#148; and anti-money laundering laws of any jurisdiction (collectively, the &#147;<U>Money Laundering Laws</U>&#148;) and no
action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator involving AHR, the Issuer or any Issuer Subsidiary or, to the knowledge of AHR, the Issuer or any Issuer Subsidiary, any director, trustee,
officer, employee, agent or affiliate of AHR, the Issuer or any Issuer Subsidiary, with respect to the Money Laundering Laws is pending or, to the knowledge of AHR, the Issuer or any Issuer Subsidiary, threatened. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(mm)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Conflicts with Sanctions Laws</I>. None of AHR, the Issuer or any Issuer Subsidiary or, to the knowledge of
AHR, the Issuer or any Issuer Subsidiary, any director, trustee, officer, agent, employee or affiliate of AHR, the Issuer or any Issuer Subsidiary is currently subject to any sanctions administered by the Office of Foreign Assets Control of the
U.S.&nbsp;Department of the Treasury (&#147;<U>OFAC</U>&#148;), the U.S.&nbsp;Department of State (and including, without limitation, the designation as a &#147;specially designated national&#148; or &#147;blocked person&#148;), the United Nations
Security Council, the European Union, Her Majesty&#146;s Treasury or other relevant sanctions authority (collectively, &#147;<U>Sanctions</U>&#148;), nor is controlled by an individual or entity that is currently subject to Sanctions, nor is AHR,
the Issuer or any Issuer Subsidiary located, organized or resident in a country or territory that is the subject or target of Sanctions, including, without limitation, the Crimea region, Cuba, Iran, North Korea, Sudan and Syria (each, a
&#147;<U>Sanctioned Countr</U>y&#148;); and neither AHR nor the Issuer will directly or indirectly use the proceeds of the offering of the Securities hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint
venture partner or other person or entity, for the purpose of </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">13 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
financing the activities of any person currently subject to any Sanctions or any activities in any Sanctioned Country or in any other manner that will result in a violation by any person
(including any person participating in the transaction, whether as underwriter, advisor, investor or otherwise) of Sanctions. For the past five years, AHR, the Issuer and each Issuer Subsidiary have not knowingly engaged in and are not now knowingly
engaged in any dealings or transactions with any person that at the time of the dealing or transaction is or was the subject or the target of Sanctions or with any Sanctioned Country. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(nn)&nbsp;&nbsp;&nbsp;&nbsp;<I>Certificates</I>. Any certificate signed by any officer of AHR, the Issuer or any Issuer Subsidiary delivered
to the Representatives or to counsel for the Representatives pursuant to or in connection with this Agreement shall be deemed a representation and warranty by AHR, the Issuer or such Issuer Subsidiary, as applicable, to the Representatives as to the
matters covered thereby. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(oo)&nbsp;&nbsp;&nbsp;&nbsp;<I>Taxes </I>(i)&nbsp;AHR, the Issuer and the Issuer Subsidiaries have accurately
prepared and timely filed any and all material federal, state, foreign and other tax returns that are required to be filed by them, if any, and have paid or made provision for the payment of all material taxes, assessments, governmental or other
similar charges, including without limitation, all material sales and use taxes and all material taxes which AHR, the Issuer and the Issuer Subsidiaries are obligated to withhold from amounts owing to employees, creditors and third parties, with
respect to the periods covered by such tax returns (whether or not such amounts are shown as due on any tax return), except for any such tax, assessment, fine or penalty that is currently being contested in good faith by appropriate actions,
(ii)&nbsp;no deficiency assessment with respect to a proposed material adjustment of the federal, state, local or foreign taxes of AHR, the Issuer or any Issuer Subsidiary is pending or, to the best of the knowledge of AHR, the Issuer or any Issuer
Subsidiary, threatened; and (iii)&nbsp;there is no material tax lien, whether imposed by any federal, state, foreign or other taxing authority, outstanding against the assets, properties or business of AHR, the Issuer or any Issuer Subsidiary. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(pp)&nbsp;&nbsp;&nbsp;&nbsp;<I>Certain Environmental Matters</I>. Except as described in both the Pricing Prospectus and the Prospectus or as
would not in the aggregate reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect, (i)&nbsp;none of AHR, the Issuer or any Issuer Subsidiary is in violation of any federal, state, local or foreign statute, law,
rule, regulation, ordinance, code, policy or rule of common law or any judicial or administrative interpretation thereof, including any judicial or administrative order, consent, decree or judgment, relating to pollution or protection of human
health, the environment (including, without limitation, ambient air, surface water, groundwater, land surface or subsurface strata) or wildlife, including, without limitation, laws and regulations relating to the release or threatened release of
chemicals, pollutants, contaminants, wastes, toxic substances, hazardous substances, petroleum or petroleum products, asbestos-containing materials or mold (collectively, &#147;<U>Hazardous Materials</U>&#148;) or to the manufacture, processing,
distribution, use, treatment, storage, disposal, transport or handling of Hazardous Materials (collectively, &#147;<U>Environmental Laws</U>&#148;), (ii)&nbsp;AHR, the Issuer and the Issuer Subsidiaries have all permits, authorizations and approvals
required under any applicable Environmental Laws and are each in compliance with their requirements, (iii)&nbsp;there are no pending or, to the knowledge of AHR, the Issuer or any Issuer Subsidiary, threatened administrative, regulatory or judicial
actions, suits, demands, demand letters, claims, liens, notices of noncompliance or violation, investigation or proceedings relating </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">14 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
to any Environmental Law against AHR, the Issuer or any Issuer Subsidiary, and (iv)&nbsp;to the knowledge of AHR, the Issuer or any Issuer Subsidiary, there are no events or circumstances that
would reasonably be expected to form the basis of an order for <FONT STYLE="white-space:nowrap">clean-up</FONT> or remediation, or an action, suit or proceeding by any private party or governmental body or agency, against or affecting AHR, the
Issuer or any Issuer Subsidiary relating to Hazardous Materials or any Environmental Laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(qq)&nbsp;&nbsp;&nbsp;&nbsp;<I>Benefit
Plans</I>. Each employee benefit plan, within the meaning of Section&nbsp;3(3) of ERISA, that is maintained, administered or contributed to by AHR, the Issuer, any Issuer Subsidiary or any of their affiliates for employees or former employees of
AHR, the Issuer, any Issuer Subsidiary or any of their affiliates has been maintained in compliance in all material respects with its terms and the requirements of any applicable statutes, orders, rules and regulations, including, but not limited
to, ERISA and the Code; no prohibited transaction, within the meaning of Section&nbsp;406 of ERISA or Section&nbsp;4975 of the Code, has occurred with respect to any such plan excluding transactions effected pursuant to a statutory or administrative
exemption, and transactions which, individually or in the aggregate, would not have a Material Adverse Effect, and no such plan is subject to the funding rules of Section&nbsp;412 of the Code or Section&nbsp;302 of ERISA. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(rr)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Labor Disputes</I>. No labor disturbance by or dispute with employees of AHR, the Issuer or any Issuer
Subsidiary exists or, to the knowledge of AHR, the Issuer or any Issuer Subsidiary, is contemplated or threatened, and none of AHR, the Issuer or any Issuer Subsidiary is aware of any existing or imminent labor disturbance by, or dispute with, the
employees of any of AHR&#146;s, the Issuer&#146;s or the Issuer Subsidiary&#146;s principal suppliers, contractors or customers, except as would not have a Material Adverse Effect. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ss)&nbsp;&nbsp;&nbsp;&nbsp;<I>Statistical and Market Data</I>. Nothing has come to the attention of AHR, the Issuer or any Issuer Subsidiary
that has caused AHR, the Issuer or any Issuer Subsidiary to believe that the statistical and market-related data included in each of the Pricing Prospectus and the Prospectus is not based on or derived from sources that are reliable and accurate in
all material respects. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(tt)&nbsp;&nbsp;&nbsp;&nbsp;<I>Forward-Looking Statements</I>. No forward-looking statement&nbsp;(within the
meaning of Section&nbsp;27A of the Securities Act and Section&nbsp;21E of the Exchange Act) contained in any of the Pricing Prospectus or the Prospectus has been made or reaffirmed without a reasonable basis or has been disclosed other than in good
faith. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(uu)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Material Adverse Change</I>. None of AHR, the Issuer or any of the Issuer Subsidiaries has
sustained since the date of the latest audited financial statements included or incorporated by reference in the Pricing Prospectus any material loss or interference with its business from fire, explosion, flood or other calamity, whether or not
covered by insurance, or from any labor dispute or court or governmental action, order or decree, otherwise than as set forth or contemplated in the Pricing Prospectus; and, since the respective dates as of which information is given in the
Registration Statement and the Pricing Prospectus, there has not been any change in the equity shares (or limited liability company or partnership interests, as applicable) or long-term debt of AHR, the Issuer or any of the Issuer Subsidiaries or
any material adverse change, or any development involving a prospective material adverse change, in or </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">15 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
affecting the general affairs, management, financial position, shareholders&#146; equity or results of operations of AHR, the Issuer and the Issuer Subsidiaries, taken as a whole, otherwise than
as set forth or contemplated in the Pricing Prospectus. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(vv)&nbsp;&nbsp;&nbsp;&nbsp;<I>Disclosure</I>. The statements set forth in the
Pricing Prospectus and the Prospectus under the captions &#147;Description of the Notes&#148; and &#147;Description of Debt Securities&#148; insofar as they summarize the terms of the Securities, and under the captions &#147;Supplemental
U.S.&nbsp;Federal Income Tax Considerations&#148; and &#147;Certain U.S.&nbsp;Federal Income Tax Considerations&#148; insofar as they summarize certain provisions of the laws and documents referred to therein, are accurate, complete and fair
summaries of the matters referred to therein in all material respects. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ww)&nbsp;&nbsp;&nbsp;&nbsp;<I>Status under the Securities
Act</I>. (A) (i)&nbsp;At the time of filing the Registration Statement, (ii)&nbsp;at the time of the most recent amendment thereto for the purposes of complying with Section&nbsp;10(a)(3) of the Securities Act (whether such amendment was by
post-effective amendment, incorporated report filed pursuant to Section&nbsp;13 or&nbsp;15(d) of the Exchange Act or form of prospectus), and (iii)&nbsp;at the time the Issuer or any person acting on its behalf (within the meaning, for this clause
only, of Rule&nbsp;163(c) under the Securities Act) made any offer relating to the Securities in reliance on the exemption of Rule&nbsp;163 under the Securities Act, AHR was a &#147;well-known seasoned issuer&#148; as defined in Rule&nbsp;405 under
the Securities Act; and (B)&nbsp;at the earliest time after the filing of the Registration Statement that the Issuer or another offering participant made a bona fide offer (within the meaning of Rule&nbsp;164(h)(2) under the Securities Act) of the
Securities, AHR was not an &#147;ineligible issuer&#148; as defined in Rule&nbsp;405 under the Securities Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(xx)&nbsp;&nbsp;&nbsp;&nbsp;<I>XBRL</I>. The interactive data in eXtensible Business Reporting Language included or incorporated by reference
in the Registration Statement, the Basic Prospectus and the Prospectus fairly presents the information called for in all material respects and has been prepared in accordance with the Commission&#146;s rules and guidelines applicable thereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">4.&nbsp;&nbsp;&nbsp;&nbsp;<U>Further Agreements of the Issuer</U>. The Issuer covenants and agrees with each Underwriter that: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<I>Required Filings</I>. The Issuer will file the final Prospectus with the Commission within the time periods
specified by Rule&nbsp;424(b) and Rule&nbsp;430A, 430B or&nbsp;430C under the Securities Act, will file any Issuer Free Writing Prospectus (including the Pricing Term Sheet referred to in Annex&nbsp;A hereto) to the extent required by Rule&nbsp;433
under the Securities Act; and AHR will file promptly all reports and any definitive proxy or information statements required to be filed by AHR with the Commission pursuant to Section&nbsp;13(a), 13(c), 14 or&nbsp;15(d) of the Exchange Act during
the Prospectus Delivery Period (as defined below); and the Issuer will furnish copies of the Prospectus and each Issuer Free Writing Prospectus (to the extent not previously delivered) to the Underwriters in New York City prior to&nbsp;10:00 A.M.,
New York City time, on the business day next succeeding the date of this Agreement in such quantities as the Representatives may reasonably request. The Issuer will pay the registration fees for this offering within the time period required by
Rule&nbsp;456(b)(1)(i) under the Securities Act (without giving effect to the proviso therein) and in any event prior to the Closing Date. As used herein, the term &#147;<U>Prospectus Delivery Period</U>&#148; means such period of time after the
first date of the public </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">16 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
offering of the Securities as in the opinion of counsel for the Underwriters a prospectus relating to the Securities is required by law to be delivered (or required to be delivered but for
Rule&nbsp;172 under the Securities Act) in connection with sales of the Securities by any Underwriter or dealer. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;<I>Delivery of Copies</I>. The Issuer will deliver, without charge, (i)&nbsp;to the Representatives, two signed
copies of the Registration Statement as originally filed and each amendment thereto, in each case including all exhibits and consents filed therewith and documents incorporated by reference therein; and (ii)&nbsp;to each Underwriter (A)&nbsp;a
conformed copy of the Registration Statement as originally filed and each amendment thereto, in each case including all exhibits and consents filed therewith and (B)&nbsp;during the Prospectus Delivery Period, as many copies of the Prospectus
(including all amendments and supplements thereto and documents incorporated by reference therein) and each Issuer Free Writing Prospectus as the Representatives may reasonably request. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;<I>Amendments or Supplements; Issuer Free Writing Prospectuses</I>. Before making, preparing, using, authorizing,
approving, referring to or filing any Issuer Free Writing Prospectus, and before filing any amendment or supplement to the Registration Statement, the Pricing Disclosure Package or the Prospectus, whether before or after the time that the
Registration Statement becomes effective the Issuer will furnish to the Representatives and counsel for the Underwriters a copy of the proposed Issuer Free Writing Prospectus, amendment or supplement for review and will not make, prepare, use,
authorize, approve, refer to or file any such Issuer Free Writing Prospectus or file any such proposed amendment or supplement to which the Representatives reasonably objects. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;<I>Notice to the Representatives</I>. The Issuer will advise the Representatives promptly, and confirm such advice
in writing, (i)&nbsp;when any amendment to the Registration Statement has been filed or becomes effective; (ii)&nbsp;when any supplement to the Prospectus or any amendment to the Prospectus or any Issuer Free Writing Prospectus has been filed;
(iii)&nbsp;of any request by the Commission for any amendment to the Registration Statement or any amendment or supplement to the Prospectus or the receipt of any comments from the Commission relating to the Registration Statement or any other
request by the Commission for any additional information; (iv)&nbsp;of the issuance by the Commission or any other governmental or regulatory authority of any order suspending the effectiveness of the Registration Statement or preventing or
suspending the use of any Preliminary Prospectus, the Prospectus, the Pricing Disclosure Package or any Issuer Free Writing Prospectus or the initiation or threatening of any proceeding for that purpose or pursuant to Section&nbsp;8A of the
Securities Act; (v)&nbsp;of the occurrence of any event within the Prospectus Delivery Period as a result of which the Prospectus, the Pricing Disclosure Package or any Issuer Free Writing Prospectus as then amended or supplemented would include any
untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances existing when the Prospectus, the Pricing Disclosure Package or any such Issuer Free Writing
Prospectus is delivered to a purchaser, not misleading; (vi)&nbsp;of the receipt by the Issuer of any notice of objection of the Commission to the use of the Registration Statement or any post-effective amendment thereto pursuant to
Rule&nbsp;401(g)(2) under the Securities Act; and (vii)&nbsp;of the receipt by the Issuer of any notice with respect to any suspension of the qualification of the Securities for offer and sale in any jurisdiction or the initiation or threatening of
any proceeding for such purpose; and the Issuer will use its reasonable best efforts to prevent the issuance of any such </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">17 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
order suspending the effectiveness of the Registration Statement, preventing or suspending the use of any Preliminary Prospectus, the Pricing Disclosure Package, Issuer Free Writing Prospectus or
the Prospectus, or suspending any such qualification of the Securities and, if any such order is issued, will obtain as soon as possible the withdrawal thereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;<I>Pricing Disclosure Package</I>. If at any time prior to the Closing Date (i)&nbsp;any event shall occur or
condition shall exist as a result of which the Pricing Disclosure Package as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in
the light of the circumstances under which they were made, not misleading or (ii)&nbsp;it is necessary to amend or supplement the Pricing Disclosure Package to comply with law, the Issuer will immediately notify the Underwriters thereof and
forthwith prepare and, subject to paragraph&nbsp;(c) above, file with the Commission (to the extent required) and furnish to the Underwriters and to such dealers as the Representatives may designate, such amendments or supplements to the Pricing
Disclosure Package (or any document to be filed with the Commission and incorporated by reference therein) as may be necessary so that the statements in the Pricing Disclosure Package as so amended or supplemented (including such documents to be
incorporated by reference therein) will not, in the light of the circumstances under which they were made, be misleading or so that the Pricing Disclosure Package will comply with law. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f)&nbsp;&nbsp;&nbsp;&nbsp;<I>Ongoing Compliance</I>. If during the Prospectus Delivery Period (i)&nbsp;any event shall occur or condition
shall exist as a result of which the Prospectus as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in the light of the
circumstances existing when the Prospectus is delivered to a purchaser, not misleading or (ii)&nbsp;it is necessary to amend or supplement the Prospectus to comply with law, the Issuer will immediately notify the Underwriters thereof and forthwith
prepare and, subject to paragraph&nbsp;(c) above, file with the Commission and furnish to the Underwriters and to such dealers as the Representatives may designate, such amendments or supplements to the Prospectus (or any document to be filed with
the Commission and incorporated by reference therein) as may be necessary so that the statements in the Prospectus as so amended or supplemented including such documents to be incorporated by reference therein will not, in the light of the
circumstances existing when the Prospectus is delivered to a purchaser, be misleading or so that the Prospectus will comply with law<I>.</I> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g)&nbsp;&nbsp;&nbsp;&nbsp;<I>Blue Sky Compliance</I>. The Issuer will qualify the Securities for offer and sale under the securities or Blue
Sky laws of such jurisdictions as the Representatives shall reasonably request and will continue such qualifications in effect so long as required for distribution of the Securities; provided that the Issuer shall not be required to (i)&nbsp;qualify
as a foreign corporation or other entity or as a dealer in securities in any such jurisdiction where it would not otherwise be required to so qualify, (ii)&nbsp;file any general consent to service of process in any such jurisdiction or
(iii)&nbsp;subject itself to taxation in any such jurisdiction if it is not otherwise so subject. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h)&nbsp;&nbsp;&nbsp;&nbsp;<I>Earning
Statement</I>. The Issuer will make generally available to its security holders and the Representatives as soon as practicable an earning statement that satisfies the provisions of Section&nbsp;11(a) of the Securities Act and Rule&nbsp;158 of the
Commission promulgated </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">18 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
thereunder covering a period of at least twelve months beginning with the first fiscal quarter of the Issuer occurring after the &#147;effective date&#148; (as defined in Rule&nbsp;158) of the
Registration Statement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;<I>Clear Market</I>. During the period from the date hereof through and including the
Closing Date, the Issuer will not without the prior written consent of the Representatives, offer, sell, contract to sell or otherwise dispose of any debt securities issued or guaranteed by the Issuer and having a tenor of more than one year. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j)&nbsp;&nbsp;&nbsp;&nbsp;<I>Use of Proceeds</I>. The Issuer will apply the net proceeds from the sale of the Securities as described in each
of the Registration Statement, the Pricing Disclosure Package and the Prospectus under the heading &#147;Use of Proceeds&#148;. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k)&nbsp;&nbsp;&nbsp;&nbsp;<I>DTC</I>. The Issuer will assist the Underwriters in arranging for the Securities to be eligible for clearance
and settlement through DTC. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Stabilization</I>. The Issuer will not take, and will cause AHR to not take,
directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m)&nbsp;&nbsp;&nbsp;&nbsp;<I>Record Retention</I>. The Issuer will, pursuant to reasonable procedures developed in good faith, retain copies
of each Issuer Free Writing Prospectus that is not filed with the Commission in accordance with Rule&nbsp;433 under the Securities Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(n)&nbsp;&nbsp;&nbsp;&nbsp;<I>Licenses</I>. Upon request of any Underwriter, to furnish, or cause to be furnished, to such Underwriter an
electronic version of AHR&#146;s and the Issuer&#146;s trademarks, servicemarks and corporate logo for use on the website, if any, operated by such Underwriter for the purpose of facilitating the <FONT STYLE="white-space:nowrap">on-line</FONT>
offering of the Securities (the &#147;<U>License</U>&#148;); provided, however, that the License shall be used solely for the purpose described above, is granted without any fee and may not be assigned or transferred </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">5.&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain Agreements of the Underwriters</U>. Each Underwriter hereby represents and agrees that: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;It has not and will not use, authorize use of, refer to, or participate in the planning for use of, any
&#147;<U>free writing prospectus</U>&#148;, as defined in Rule&nbsp;405 under the Securities Act (which term includes use of any written information furnished to the Commission by the Issuer and not incorporated by reference into the Registration
Statement and any press release issued by the Issuer) other than (i)&nbsp;a free writing prospectus that, solely as a result of use by such Underwriter, would not trigger an obligation to file such free writing prospectus with the Commission
pursuant to Rule&nbsp;433, (ii)&nbsp;any Issuer Free Writing Prospectus listed on Schedule&nbsp;2 or prepared pursuant to Section&nbsp;4(c) above (including any electronic road show), or (iii)&nbsp;any free writing prospectus prepared by such
Underwriter and approved by the Issuer in advance in writing (each such free writing prospectus referred to in clauses&nbsp;(i) or (iii), an &#147;<U>Underwriter Free Writing Prospectus</U>&#148;). Notwithstanding the foregoing, the Underwriters may
use the Pricing Term Sheet referred to in Annex&nbsp;A hereto without the consent of the Issuer. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">19 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;It is not subject to any pending proceeding under Section&nbsp;8A
of the Securities Act with respect to the offering (and will promptly notify the Issuer if any such proceeding against it is initiated during the Prospectus Delivery Period). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">6.&nbsp;&nbsp;&nbsp;&nbsp;<U>Conditions of Underwriters&#146; Obligations</U>. The obligation of each Underwriter to purchase Securities on
the Closing Date as provided herein is subject to the performance by the Issuer of its covenants and other obligations hereunder and to the following additional conditions: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<I>Registration Compliance; No Stop Order</I>. No order suspending the effectiveness of the Registration Statement
shall be in effect, and no proceeding for such purpose, pursuant to Rule&nbsp;401(g)(2) or pursuant to Section&nbsp;8A under the Securities Act shall be pending before or, to the knowledge of the Issuer, threatened by the Commission; the Prospectus
and each Issuer Free Writing Prospectus shall have been timely filed with the Commission under the Securities Act (in the case of an Issuer Free Writing Prospectus, to the extent required by Rule&nbsp;433 under the Securities Act) and in accordance
with Section&nbsp;4(a) hereof; and all requests by the Commission for additional information shall have been complied with to the reasonable satisfaction of the Representatives. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;<I>Representations and Warranties</I>. The representations and warranties of the Issuer contained herein shall be
true and correct on the date hereof and on and as of the Closing Date; and the statements of the Issuer and its officers made in any certificates delivered pursuant to this Agreement shall be true and correct on and as of the Closing Date. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Downgrade</I>. Subsequent to the earlier of (A)&nbsp;the Applicable Time and (B)&nbsp;the execution and
delivery of this Agreement, (i)&nbsp;no downgrading shall have occurred in the rating accorded the Securities or any other debt securities or preferred stock issued or guaranteed by AHR, the Issuer or any Issuer Subsidiary by any &#147;nationally
recognized statistical rating organization&#148;, as such term is defined under Section&nbsp;3(a)(62) under the Exchange Act and (ii)&nbsp;no such organization shall have publicly announced that it has under surveillance or review, or has changed
its outlook with respect to, its rating of the Securities or of any other debt securities or preferred stock issued or guaranteed by AHR, the Issuer or any Issuer Subsidiary (other than an announcement with positive implications of a possible
upgrading). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Material Adverse Change</I>. No event or condition of a type described in Sections&nbsp;3(z)
and (uu) hereof shall have occurred or shall exist, which event or condition is not described in the Pricing Disclosure Package (excluding any amendment or supplement thereto) and the Prospectus (excluding any amendment or supplement thereto) the
effect of which in the judgment of the Representatives makes it impracticable or inadvisable to proceed with the offering, sale or delivery of the Securities on the terms and in the manner contemplated by this Agreement, the Pricing Disclosure
Package and the Prospectus. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;<I>Officer&#146;s Certificate</I>. The Representatives shall have received on and
as of the Closing Date a certificate of an executive officer of the Issuer who has specific knowledge of the Issuer&#146;s financial matters and is satisfactory to the Representatives (i)&nbsp;confirming that such officer has carefully reviewed the
Registration Statement, the Pricing Disclosure Package and the Prospectus and, to the knowledge of such officer, the representations set forth in Sections&nbsp;3(b) </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">20 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
and&nbsp;3(d) hereof are true and correct, (ii)&nbsp;confirming that the other representations and warranties of the Issuer in this Agreement are true and correct and that the Issuer has complied
with all agreements and satisfied all conditions on their part to be performed or satisfied hereunder at or prior to the Closing Date and (iii)&nbsp;to the effect set forth in paragraphs&nbsp;(a), (c)&nbsp;and (d)&nbsp;above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f)&nbsp;&nbsp;&nbsp;&nbsp;<I>Comfort Letters</I>. (i)On the date of this Agreement and on the Closing Date, Ernst&nbsp;&amp; Young LLP shall
have furnished to the Representatives, at the request of AHR and the Issuer, letters, dated the respective dates of delivery thereof and addressed to the Underwriters, in form and substance reasonably satisfactory to the Representatives, containing
statements and information of the type customarily included in accountants&#146; &#147;comfort letters&#148; to underwriters with respect to the financial statements and certain financial information contained or incorporated by reference in each of
the Registration Statement, the Pricing Disclosure Package and the Prospectus; provided that the letter delivered on the Closing Date shall use a <FONT STYLE="white-space:nowrap">&#147;cut-off&#148;</FONT> date no more than three business days prior
to the Closing Date; and </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(ii)&nbsp;&nbsp;&nbsp;&nbsp;the Issuer shall have furnished to the Representatives certificates, dated the date
of this Agreement and the Closing Date and addressed to the Representatives, of AHR&#146;s chief financial officer and chief operating officer with respect to certain data contained in the Registration Statement, the Pricing Disclosure Package and
the Prospectus, providing &#147;management comfort&#148; with respect to such information, in form and substance reasonably satisfactory to the Representatives. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g)&nbsp;&nbsp;&nbsp;&nbsp;<I>Opinion and</I><I></I><I><FONT STYLE="white-space:nowrap">&nbsp;10b-5</FONT> Statement of Counsel for the
Issuer</I>. (x)&nbsp;Hogan Lovells US LLP, counsel for the Issuer, shall have furnished to the Representatives, at the request of the Issuer, their written opinion <FONT STYLE="white-space:nowrap">and&nbsp;10b-5</FONT> statement, dated the Closing
Date and addressed to the Underwriters, in form and substance reasonably satisfactory to the Representatives, to the effect set forth in Annex&nbsp;B hereto, and (y)&nbsp;Fried, Frank, Harris, Shriver&nbsp;&amp; Jacobson LLP shall have furnished to
the Representatives, at the request of the Issuer, their written tax opinion, dated the Closing Date and addressed to the Underwriters, in form and substance reasonably satisfactory to the Representatives, to the effect set forth in Annex&nbsp;C
hereto. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h)&nbsp;&nbsp;&nbsp;&nbsp;<I>Opinion and</I><I></I><I><FONT STYLE="white-space:nowrap">&nbsp;10b-5</FONT> Statement of Counsel
for the Underwriters</I>. The Representatives shall have received on and as of the Closing Date an opinion <FONT STYLE="white-space:nowrap">and&nbsp;10b-5</FONT> statement, addressed to the Underwriters, of Paul Hastings LLP, counsel for the
Underwriters, with respect to such matters as the Representatives may reasonably request, and such counsel shall have received such documents and information as they may reasonably request to enable them to pass upon such matters. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Legal Impediment to Issuance</I>. No action shall have been taken and no statute, rule, regulation or order
shall have been enacted, adopted or issued by any federal, state or foreign governmental or regulatory authority that would, as of the Closing Date, prevent the issuance or sale of the Securities; and no injunction or order of any federal, state or
foreign court shall have been issued that would, as of the Closing Date, prevent the issuance or sale of the Securities. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j)&nbsp;&nbsp;&nbsp;&nbsp;<I>Good Standing</I>. The Representatives shall have received on and as of the Closing Date satisfactory evidence
of the good standing of the Issuer and such other Issuer Subsidiaries </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">21 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
as the Representatives may reasonably request, in their respective jurisdictions of organization and their good standing in such other jurisdictions as the Representatives may reasonably request,
in each case in writing or any standard form of telecommunication, from the appropriate governmental authorities of such jurisdictions. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k)&nbsp;&nbsp;&nbsp;&nbsp;<I>DTC</I>. The Securities shall be eligible for clearance and settlement through DTC. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(l)&nbsp;&nbsp;&nbsp;&nbsp;<I>Indenture and Securities</I>. Each of the Supplemental Indentures shall have been duly executed and delivered by
a duly authorized officer of the Issuer and the Trustee, and the Securities shall have been duly executed and delivered by a duly authorized officer of the Issuer and duly authenticated by the Trustee. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(m)&nbsp;&nbsp;&nbsp;&nbsp;<I>Additional Documents</I>. On or prior to the Closing Date, the Issuer shall have furnished to the
Representatives such further certificates and documents as the Representatives may reasonably request. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">All opinions, letters,
certificates and evidence mentioned above or elsewhere in this Agreement shall be deemed to be in compliance with the provisions hereof only if they are in form and substance reasonably satisfactory to counsel for the Underwriters. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">7.&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification and Contribution</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<I>Indemnification of the Underwriters</I>. The Issuer agrees to indemnify and hold harmless each Underwriter, its
affiliates (as such term is defined in Rule&nbsp;405), directors and officers, agents and employees and each person, if any, who controls, is under common control with or is controlled by, such Underwriter within the meaning of Section&nbsp;15 of
the Securities Act or Section&nbsp;20 of the Exchange Act as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">against any and all loss, liability, claim, damage and expense whatsoever, as incurred, arising out of any
untrue statement or alleged untrue statement of a material fact contained in the Registration Statement (or any amendment thereto), or the omission or alleged omission therefrom of a material fact required to be stated therein or necessary to make
the statements therein not misleading, or arising out of any untrue statement or alleged untrue statement of a material fact included in the Basic Prospectus, any Preliminary Prospectus, the Pricing Prospectus or the Prospectus, or any amendment or
supplement thereto, any Issuer Free Writing Prospectus or any &#147;issuer information&#148; filed or required to be filed pursuant to Rule 433(d) under the Securities Act (or any amendment or supplement thereto), or the omission or alleged omission
therefrom of a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to the extent that any such expense is not paid under clause (i)&nbsp;of this Section&nbsp;7(a), against any
and all loss, liability, claim, damage and expense whatsoever, as incurred, to the extent of the aggregate amount paid in settlement of any litigation, or any investigation or proceeding by any governmental agency or body, commenced or threatened,
or of any claim </P></TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">22 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="13%">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top">
whatsoever based upon any such untrue statement or omission, or any such alleged untrue statement or omission, described in clause&nbsp;(i) of this Section&nbsp;7(a); provided, that (subject to
Section&nbsp;7(d) below) any such settlement is effected with the written consent of the Issuer, which consent shall not unreasonably be delayed or withheld; provided, however, that for the avoidance of doubt, any indemnification provided under this
Section&nbsp;7(a) shall not be duplicative; and </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR style = "page-break-inside:avoid">
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">to the extent that any such expense is not paid under clause (i)&nbsp;or clause (ii)&nbsp;of this
Section&nbsp;7(a), against any and all expense whatsoever, as incurred (including the fees and disbursements of one counsel (in addition to any local counsel)), reasonably incurred in investigating, preparing or defending against any litigation, or
any investigation or proceeding by any governmental agency or body, commenced or threatened, or any claim whatsoever based upon any such untrue statement or omission, or any such alleged untrue statement or omission, described in clause (i)&nbsp;of
this Section&nbsp;7(a); provided, however, that for the avoidance of doubt, any indemnification provided under this Section&nbsp;7(a) shall not be duplicative; </P></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">provided, however, that the Issuer shall not be liable in any such case to the extent that any such loss, claim, damage or liability arises out of or is based
upon an untrue statement or alleged untrue statement or omission or alleged omission made in the Registration Statement, the Basic Prospectus, any Preliminary Prospectus, the Pricing Prospectus or the Prospectus, or any amendment or supplement
thereto, or any Issuer Free Writing Prospectus, in reliance upon and in conformity with written information furnished to the Issuer by any Underwriter through the Representatives expressly for use therein. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;<I>Indemnification of the Issuer</I>. Each Underwriter agrees to indemnify and hold harmless the Issuer and each of
its directors, trustees and officers who signed the Registration Statement, and each person, if any, who (i)&nbsp;controls the Issuer within the meaning of Section&nbsp;15 of the Securities Act or Section&nbsp;20 of the Exchange Act or (ii)&nbsp;is
controlled by or is under common control with the Issuer against any and all loss, liability, claim, damage and expense described in the indemnity contained in Section&nbsp;7(a), as incurred, but only with respect to untrue statements or omissions,
or alleged untrue statements or omissions, made in the Registration Statement, the Basic Prospectus, any Preliminary Prospectus, the Pricing Prospectus or the Prospectus, or any amendment or supplement thereto, or any Issuer Free Writing Prospectus
or any &#147;issuer information&#148; filed or required to be filed pursuant to Rule&nbsp;433(d) under the Securities Act, in reliance upon and in conformity with information relating to the Underwriters and furnished to the Issuer in writing by any
Underwriter through the Representatives expressly for use therein. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;<I>Notice and Procedure</I>. Any party that
proposes to assert the right to be indemnified under this Section&nbsp;7 will, promptly as reasonably practicable after receipt of notice of commencement of any action against such party in respect of which a claim is to be made against an
indemnifying party or parties under this Section&nbsp;7, notify each such indemnifying party of the commencement of such action, but the obligation to notify such indemnifying party will not relieve the indemnifying party from (i)&nbsp;any liability
that it might have to any indemnified </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">23 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
party otherwise than under this Section&nbsp;7, and (ii)&nbsp;any liability that it may have to any indemnified party under the foregoing provision of this Section&nbsp;7 unless, and only to the
extent that, such omission results in the forfeiture or material impairment of substantive rights or defenses by the indemnifying party. If any such action is brought against any indemnified party, and it notifies the indemnifying party of its
commencement, the indemnifying party will be entitled to participate in and, to the extent that it elects by delivering written notice to the indemnified party promptly after receiving notice of the commencement of the action from the indemnified
party, jointly with any other indemnifying party similarly notified, to assume the defense of the action, with counsel reasonably satisfactory to the indemnified party, and after notice from the indemnifying party to the indemnified party of its
election to assume the defense, the indemnifying party will not be liable to the indemnified party for any legal or other expenses except as provided below and except for the reasonable costs of investigation subsequently incurred by the indemnified
party in connection with the defense. The indemnified party will have the right to employ its own counsel in any such action, but the fees, expenses and other charges of such counsel will be at the expense of such indemnified party unless
(1)&nbsp;the employment of counsel by the indemnified party has been authorized in writing by the indemnifying party, (2)&nbsp;the indemnified party has reasonably concluded (based on advice of legal counsel to the indemnified party) that there may
be legal defenses available to it or other indemnified parties that are different from or in addition to those available to the indemnifying party, (3)&nbsp;a conflict or potential conflict exists (based on advice of legal counsel to the indemnified
party) between the indemnified party and the indemnifying party (in which case the indemnifying party will not have the right to direct the defense of such action on behalf of the indemnified party), or (4)&nbsp;the indemnifying party has not in
fact employed counsel to assume the defense of such action within a reasonable time after receiving notice of the commencement of the action, in each of which cases the reasonable fees, disbursements and other charges of counsel will be at the
expense of the indemnifying party or parties. It is understood that the indemnifying party or parties shall not, in connection with any proceeding or related proceedings in the same jurisdiction, be liable for the reasonable fees, disbursements and
other charges of more than one separate firm admitted to practice in such jurisdiction at any one time for all such indemnified party or parties. All such fees, disbursements and other charges will be reimbursed by the indemnifying party promptly
after the indemnifying party receives a written invoice relating to fees, disbursements and other charges in reasonable detail. An indemnifying party will not, in any event, be liable for any settlement of any action or claim effected without its
written consent. Notwithstanding the foregoing sentence, if an indemnified party shall have requested an indemnifying party to reimburse the indemnified party for reasonable fees and expenses of counsel for which it is entitled to be reimbursed
under this Section&nbsp;7, such indemnifying party agrees that it shall be liable for any settlement of the nature contemplated by this Section&nbsp;7(c) effected without its written consent if (i)&nbsp;such settlement is entered into more
than&nbsp;45&nbsp;days after receipt by such indemnifying party of the aforesaid request, (ii)&nbsp;such indemnifying party shall have received notice of the terms of such settlement at least&nbsp;30&nbsp;days prior to such settlement being entered
into, and (iii)&nbsp;such indemnifying party shall not have reimbursed such indemnified party in accordance with such request prior to the date of such settlement. No indemnifying party shall, without the prior written consent of each indemnified
party, settle or compromise or consent to the entry of any judgment in any pending or threatened claim, action or proceeding relating to the matters contemplated by this Section&nbsp;7 (whether or not any indemnified party is a party thereto),
unless such settlement, compromise or consent </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">24 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
(x)&nbsp;includes an unconditional release of each indemnified party from all liability arising out of such litigation, investigation, proceeding or claim, and (y)&nbsp;does not include a
statement as to or an admission of fault, culpability or a failure to act by or on behalf of any indemnified party. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;<I>Contribution</I>. In order to provide for just and equitable contribution in circumstances in which the
indemnification provided for in the foregoing paragraphs of this Section&nbsp;7 is applicable in accordance with its terms but for any reason is held to be unavailable from the Issuer, on the one hand, or the Underwriters, on the other hand, the
Issuer, on the one hand, and the Underwriters, on the other hand, will contribute to the total losses, claims, liabilities, expenses and damages (including any investigative, legal and other expenses reasonably incurred in connection with, and any
amount paid in settlement of, any action, suit or proceeding or any claim asserted, but after deducting any contribution received by the Issuer and applied towards such losses, claims, liabilities, expenses and damages from persons other than the
Underwriters, such as persons who control the Issuer within the meaning of the Securities Act, officers of the Issuer who signed the Registration Statement and directors or trustees of the Issuer, who also may be liable for contribution) to which
the Issuer, on the one hand, and the Underwriters, on the other hand, may be subject in such proportion as shall be appropriate to reflect the relative benefits received by the Issuer, on the one hand, and the Underwriters, on the other hand. The
relative benefits received by the Issuer, on the one hand, and the Underwriters, on the other hand, shall be deemed to be in the same proportion as the total net proceeds from the sale of the Securities (before deducting expenses) received by the
Issuer bear to the total compensation received by the Underwriters (before deducting expenses) from the sale of Securities on behalf of the Issuer. If, but only if, the allocation provided by the foregoing sentence is not permitted by applicable
law, the allocation of contribution shall be made in such proportion as is appropriate to reflect not only the relative benefits referred to in the foregoing sentence but also the relative fault of the Issuer, on the one hand, and the Underwriters,
on the other hand, with respect to the statements or omissions that resulted in such loss, claim, liability, expense or damage, or action in respect thereof, as well as any other relevant equitable considerations with respect to such offering. Such
relative fault shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information supplied by the Issuer or the
Underwriters, the intent of the parties and their relative knowledge, access to information and opportunity to correct or prevent such statement or omission. The Issuer, on the one hand, and the Underwriters, on the other hand, agree that it would
not be just and equitable if contributions pursuant to this subsection were to be determined by pro rata allocation or by any other method of allocation that does not take into account the equitable considerations referred to herein. The amount paid
or payable by an indemnified party as a result of the loss, claim, liability, expense, or damage, or action in respect thereof, referred to above in this subsection shall be deemed to include, for the purpose of this subsection, any legal or other
expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim to the extent consistent with subsection&nbsp;(c) hereof. Notwithstanding the foregoing provisions of this subsection, no
Underwriter shall be required to contribute any amount in excess of the commissions received by such Underwriter under this Agreement and no person found guilty of fraudulent misrepresentation (within the meaning of Section&nbsp;11(f) of the
Securities Act) will be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. For purposes of this subsection, any person who controls a party to this Agreement within the meaning of the Securities Act,
and any officers, directors, partners, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">25 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
employees or agents of the Underwriters, will have the same rights to contribution as that party, and each officer, director and trustee of the Issuer who signed the Registration Statement will
have the same rights to contribution as the Issuer, subject in each case to the provisions hereof. Any party entitled to contribution, promptly after receipt of notice of commencement of any action against such party in respect of which a claim for
contribution may be made under this subsection, will notify any such party or parties from whom contribution may be sought, but the omission to so notify will not relieve that party or parties from whom contribution may be sought from any other
obligation it or they may have under this subsection except to the extent that the failure to so notify such other party materially prejudiced the substantive rights or defenses of the party from whom contribution is sought. Except for a settlement
entered into pursuant to the last sentence of subsection&nbsp;(c) hereof, no party will be liable for contribution with respect to any action or claim settled without its written consent if such consent is required pursuant to subsection&nbsp;(c)
hereof. The Underwriters&#146; obligations in this subsection (d)&nbsp;are several in proportion to their respective obligations and are not joint. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT STYLE="white-space:nowrap">Non-Exclusive</FONT> Remedy</I>. The obligations of the Issuer under this
Section&nbsp;7 shall be in addition to any liability which the Issuer may otherwise have and shall extend, upon the same terms and conditions, to each officer and director of each Underwriter and each person, if any, who controls any Underwriter
within the meaning of the Securities Act and each broker-dealer affiliate of any Underwriter; and the obligations of the Underwriters under this Section&nbsp;7 shall be in addition to any liability which the respective Underwriters may otherwise
have and shall extend, upon the same terms and conditions, to each officer, trustee and director of the Issuer and to each person, if any, who controls the Issuer within the meaning of the Securities Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">8.&nbsp;&nbsp;&nbsp;&nbsp;<U>Effectiveness of Agreement</U>. This Agreement shall become effective as of the date first written above. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">9.&nbsp;&nbsp;&nbsp;&nbsp;<U>Termination</U>. This Agreement may be terminated in the absolute discretion of the Representatives, by notice to
the Issuer, if after the execution and delivery of this Agreement and on or prior to the Closing Date (i)&nbsp;a suspension or material limitation in trading in securities generally on the New York Stock Exchange or the Nasdaq Global Market;
(ii)&nbsp;a suspension or material limitation in trading any securities issued or guaranteed by AHR, the Issuer on any exchange; (iii)&nbsp;a general moratorium on commercial banking activities declared by either Federal or New York State
authorities or a material disruption in commercial banking or securities settlement or clearance services in the United States; (iv)&nbsp;the outbreak or escalation of hostilities involving the United States or the declaration by the United States
of a national emergency or war or (v)&nbsp;the occurrence of any other calamity or crisis or any change in financial, political or economic conditions in the United States or elsewhere, if the effect of any such event specified in clause&nbsp;(iv)
or (v)&nbsp;in the judgment of the Representatives makes it impracticable or inadvisable to proceed with the public offering or the delivery of the Securities being delivered on the Closing Date on the terms and in the manner contemplated in the
Prospectus. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">10.&nbsp;&nbsp;&nbsp;&nbsp;<U>Defaulting Underwriter</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;If any Underwriter shall default in its obligation to purchase the Securities that it has agreed to purchase
hereunder on the Closing Date, you may in your discretion arrange for you or another party or other parties to purchase such Securities on the terms contained herein. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">26 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
If within thirty six hours after such default by any Underwriter you do not arrange for the purchase of such Securities, then the Issuer shall be entitled to a further period of thirty six hours
within which to procure another party or other parties satisfactory to you to purchase such Securities on such terms. In the event that, within the respective prescribed periods, you notify the Issuer that you have so arranged for the purchase of
such Securities, or the Issuer notifies you that it has so arranged for the purchase of such Securities, you or the Issuer shall have the right to postpone the Closing Date for a period of not more than seven days, in order to effect whatever
changes may thereby be made necessary in the Registration Statement or the Prospectus, or in any other documents or arrangements, and the Issuer agrees to file promptly any amendments or supplements to the Registration Statement or the Prospectus
which in your opinion may thereby be made necessary. The term &#147;Underwriter&#148; as used in this Agreement shall include any person substituted under this Section with like effect as if such person had originally been a party to this Agreement
with respect to such Securities. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;If, after giving effect to any arrangements for the purchase of the
Securities of a defaulting Underwriter or Underwriters by you, the Issuer as provided in subsection&nbsp;(a) above, the aggregate principal amount of such Securities which remains unpurchased does not exceed
<FONT STYLE="white-space:nowrap">one-eleventh</FONT> of the aggregate principal amount of all the Securities to be purchased on the Closing Date, then the Issuer shall have the right to require each
<FONT STYLE="white-space:nowrap">non-defaulting</FONT> Underwriter to purchase the aggregate principal amount of Securities which such Underwriter agreed to purchase hereunder on the Closing Date and, in addition, to require each <FONT
STYLE="white-space:nowrap">non-defaulting</FONT> Underwriter to purchase its pro rata share (based on the aggregate principal amount of Securities which such Underwriter agreed to purchase hereunder) of the Securities of such defaulting Underwriter
or Underwriters for which such arrangements have not been made; but nothing herein shall relieve a defaulting Underwriter from liability for its default. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;If, after giving effect to any arrangements for the purchase of the Securities of a defaulting Underwriter or
Underwriters by you, the Issuer as provided in subsection&nbsp;(a) above, the aggregate principal amount of such Securities which remains unpurchased exceeds <FONT STYLE="white-space:nowrap">one-eleventh</FONT> of the aggregate principal amount of
all of the Securities to be purchased on the Closing Date, or if the Issuer shall not exercise the right described in subsection&nbsp;(b) above to require <FONT STYLE="white-space:nowrap">non-defaulting</FONT> Underwriters to purchase Securities of
a defaulting Underwriter or Underwriters, then this Agreement shall thereupon terminate, without liability on the part of any <FONT STYLE="white-space:nowrap">non-defaulting</FONT> Underwriter or the Issuer, except for the expenses to be borne by
the Issuer and the Underwriters as provided in Section&nbsp;11 hereof and the indemnity and contribution agreements in Section&nbsp;7 hereof; but nothing herein shall relieve a defaulting Underwriter from liability for its default. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">11.&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment of Expenses</U><I>.</I> </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;The Issuer covenants and agrees with the several Underwriters that the Issuer will pay or cause to be paid the
following: (i)&nbsp;the fees, disbursements and expenses of the Issuer&#146;s counsel and accountants in connection with the registration of the Securities under the Securities Act and all other expenses in connection with the preparation, printing,
reproduction and filing of the Registration Statement, the Basic Prospectus, any Preliminary Prospectus, any Issuer Free Writing Prospectus and the Prospectus and amendments and supplements thereto and the mailing and delivering of copies thereof to
the Underwriters and dealers; (ii)&nbsp;the cost of printing or producing any Agreement among the Underwriters, this Agreement, the Blue Sky Memorandum, </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">27 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
closing documents (including any compilations thereof) and any other documents in connection with the offering, purchase, sale and delivery of the Securities; (iii)&nbsp;all expenses in
connection with the qualification of the Securities for offering and sale under state securities laws as provided in Section&nbsp;4(g) hereof, including the reasonable fees and disbursements of counsel for the Underwriters in connection with such
qualification and in connection with any Blue Sky survey; (iv)&nbsp;the cost of preparing certificates for the Securities, if any; (v)&nbsp;the cost and charges of any trustee, including the fee and disbursement of counsel of the Trustee, if any;
(vi)&nbsp;the costs and expenses of the Issuer relating to investor presentations on any &#147;road show&#148; undertaken in connection with the marketing of the Securities, including without limitation, expenses associated with the production of
road show slides and graphics and fees and expenses of any consultants engaged in connection with the road show presentations; and (vii)&nbsp;all other costs and expenses incident to the performance of its obligations hereunder which are not
otherwise specifically provided for in this Section. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;If this Agreement shall be terminated pursuant to
Section&nbsp;9 hereof (other than Section&nbsp;9(ii)), the Issuer shall not then be under any liability to any defaulting Underwriter except as provided in Sections&nbsp;9 and&nbsp;11(a) hereof; but, if for any other reason any Securities are not
delivered by or on behalf of the Issuer as provided herein, the Issuer will reimburse the Underwriters through you for all <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">out-of-pocket</FONT></FONT> expenses approved in writing by
you, including fees and disbursements of counsel, reasonably incurred by the Underwriters in making preparations for the purchase, sale and delivery of the Securities not so delivered, but the Issuer shall then be under no further liability to any
Underwriter except as provided in Sections&nbsp;9 and&nbsp;11(a) hereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">12.&nbsp;&nbsp;&nbsp;&nbsp;<U>Persons Entitled to Benefit of
Agreement</U>. This Agreement shall be binding upon, and inure solely to the benefit of, the Underwriters, the Issuer and, to the extent provided in Sections&nbsp;9 and&nbsp;11 hereof, the directors, officers or trustees and each person who controls
the Issuer or any Underwriter, and their respective heirs, executors, administrators, successors and assigns, and no other person shall acquire or have any right under or by virtue of this Agreement. No purchaser of any of the Securities from any
Underwriter shall be deemed a successor or assign by reason merely of such purchase. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">13.&nbsp;&nbsp;&nbsp;&nbsp;<U>Essence of Time</U>.
Time shall be of the essence of this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">14.&nbsp;&nbsp;&nbsp;&nbsp;<U>Survival</U>. The respective indemnities, rights of
contribution, representations, warranties and agreements of the Issuer and the Underwriters contained in this Agreement or made by or on behalf of the Issuer or the Underwriters pursuant to this Agreement or any certificate delivered pursuant hereto
shall survive the delivery of and payment for the Securities and shall remain in full force and effect, regardless of any termination of this Agreement or any investigation made by or on behalf of the Issuer or the Underwriters. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">15.&nbsp;&nbsp;&nbsp;&nbsp;<U>Certain Defined Terms</U>. For purposes of this Agreement, (a)&nbsp;except where otherwise expressly provided,
the term &#147;<U>affiliate</U>&#148; has the meaning set forth in Rule&nbsp;405 under the Securities Act; (b)&nbsp;the term &#147;<U>business day</U>&#148; means any day other than a day on which banks are permitted or required to be closed in New
York City; (c)&nbsp;the term &#147;<U>subsidiary</U>&#148; has the meaning set forth in Rule&nbsp;405 under the Securities Act; and (d)&nbsp;the term &#147;<U>significant subsidiary</U>&#148; has the meaning set forth in <FONT
STYLE="white-space:nowrap">Rule&nbsp;1-02</FONT> of <FONT STYLE="white-space:nowrap">Regulation&nbsp;S-X</FONT> under the Exchange Act. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">28 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">16.&nbsp;&nbsp;&nbsp;&nbsp;<U>Compliance with USA Patriot Act</U>. In accordance with the
requirements of the USA Patriot Act (Title&nbsp;III of Pub. L. <FONT STYLE="white-space:nowrap">107-56</FONT> (signed into law October&nbsp;26, 2001)), the Underwriters are required to obtain, verify and record information that identifies their
respective clients, including the Issuer, which information may include the name and address of their respective clients, as well as other information that will allow the Underwriters to properly identify their respective clients. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">17.&nbsp;&nbsp;&nbsp;&nbsp;<U>Recognition of the U.S.</U><U></U><U>&nbsp;Special Resolution Regimes</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;In the event that any Underwriter that is a Covered Entity (as defined below) becomes subject to a proceeding under
a U.S.&nbsp;Special Resolution Regime (as defined below), the transfer from such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under
the U.S.&nbsp;Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;In the event that any Underwriter that is a Covered Entity (as defined below) or a BHC Act Affiliate (as defined
below) of such Underwriter becomes subject to a proceeding under a U.S.&nbsp;Special Resolution Regime, Default Rights (as defined below) under this Agreement that may be exercised against such Underwriter are permitted to be exercised to no greater
extent than such Default Rights could be exercised under the U.S.&nbsp;Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">For purposes of this Section&nbsp;17, (w)&nbsp;the term &#147;<U>BHC Act Affiliate</U>&#148; has the meaning assigned to the term
&#147;affiliate&#148; in, and shall be interpreted in accordance with, 12 U.S.C. &#167; 1841(k); (x)&nbsp;the term &#147;<U>Covered Entity</U>&#148; means any of the following: (i)&nbsp;a &#147;covered entity&#148; as that term is defined in, and
interpreted in accordance with, 12 C.F.R. &#167;&nbsp;252.82(b); (ii)&nbsp;a &#147;covered bank&#148; as that term is defined in, and interpreted in accordance with, 12 C.F.R. &#167; 47.3(b); or (iii)&nbsp;a &#147;covered FSI&#148; as that term is
defined in, and interpreted in accordance with, 12 C.F.R. &#167; 382.2(b); (y)&nbsp;the term &#147;<U>Default Right</U>&#148; has the meaning assigned to that term in, and shall be interpreted in accordance with, 12&nbsp;C.F.R. &#167;&#167; 252.81,
47.2 or&nbsp;382.1, as applicable; and (z)&nbsp;the term &#147;<U>U.S.</U><U></U><U>&nbsp;Special Resolution Regime</U>&#148; means each of (i)&nbsp;the Federal Deposit Insurance Act and the regulations promulgated thereunder and
(ii)&nbsp;Title&nbsp;II of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the regulations promulgated thereunder. </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">18.&nbsp;&nbsp;&nbsp;&nbsp;<U>Miscellaneous</U>. </P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;<I>Authority of the Representatives</I>. Any action by the Underwriters hereunder may be taken by the
Representatives on behalf of the Underwriters, and any such action taken by the Representatives shall be binding upon the Underwriters. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;<I>Notices</I>. All statements, requests, notices, agreements and other communications hereunder shall be in
writing and shall be deemed to have been duly given if mailed or transmitted and confirmed by any standard form of telecommunication. Notices to the Underwriters shall be given to the Representatives c/o BofA Securities, Inc., 1540 Broadway, <FONT
STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">NY8-540-26-02,</FONT></FONT></FONT> New York, New York&nbsp;10036, Attn: High Grade Debt Capital Markets </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">29 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
Transaction Management/Legal, Fax: (212) <FONT STYLE="white-space:nowrap">901-7881,</FONT> Email: dg.hg_ua_notices@bofa.com; J.P. Morgan Securities LLC, 383 Madison Avenue, New York, New
York&nbsp;10179, Attn: Investment Grade Syndicate Desk, Fax: (212) <FONT STYLE="white-space:nowrap">834-6081;</FONT> and Wells Fargo Securities, LLC, 550 South Tryon Street, 5<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> Floor, Charlotte,
North Carolina 28202, Attn: Transaction Management, Email: tmgcapitalmarkets@wellsfargo.com. Notices to the Issuer shall be given to them at to the address of the Issuer set forth on the cover of the Registration Statement, Attention: Chief Legal
Officer. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;<I>No Prior Agreements</I>. This Agreement supersedes all prior agreements and understandings
(whether written or oral) between the Issuer and the Underwriters, or any of them, with respect to the subject matter hereof. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Governing Law</I></B><B>. This Agreement and any claim, controversy or dispute arising under or related to
this Agreement shall be governed by and construed in accordance with the laws of the State of New York.</B> </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(e)&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Submission to Jurisdiction</I></B><B>. EACH PARTY HEREBY IRREVOCABLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF
THE STATE AND FEDERAL COURTS SITTING IN THE CITY OF NEW YORK, BOROUGH OF MANHATTAN, FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN CONNECTION WITH ANY TRANSACTION CONTEMPLATED HEREBY, AND HEREBY IRREVOCABLY WAIVES, AND AGREES NOT TO ASSERT IN
ANY SUIT, ACTION OR PROCEEDING, ANY CLAIM THAT IT IS NOT PERSONALLY SUBJECT TO THE JURISDICTION OF ANY SUCH COURT, THAT SUCH SUIT, ACTION OR PROCEEDING IS BROUGHT IN AN INCONVENIENT FORUM OR THAT THE VENUE OF SUCH SUIT, ACTION OR PROCEEDING IS
IMPROPER. EACH PARTY HEREBY IRREVOCABLY WAIVES PERSONAL SERVICE OF PROCESS AND CONSENTS TO PROCESS BEING SERVED IN ANY SUCH SUIT, ACTION OR PROCEEDING BY MAILING A COPY THEREOF (CERTIFIED OR REGISTERED MAIL, RETURN RECEIPT REQUESTED) TO SUCH PARTY
AT THE ADDRESS IN EFFECT FOR NOTICES TO IT UNDER THIS AGREEMENT AND AGREES THAT SUCH SERVICE SHALL CONSTITUTE GOOD AND SUFFICIENT SERVICE OF PROCESS AND NOTICE THEREOF. NOTHING CONTAINED HEREIN SHALL BE DEEMED TO LIMIT IN ANY WAY ANY RIGHT TO SERVE
PROCESS IN ANY MANNER PERMITTED BY LAW.</B> </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(f)&nbsp;&nbsp;&nbsp;&nbsp;<I>Waiver of Jury Trial</I>. The Issuer and each of the
Underwriters hereby irrevocably waives, to the fullest extent permitted by applicable law, any and all right to trial by jury in any legal proceeding arising out of or relating to this Agreement or the transactions contemplated hereby. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(g)&nbsp;&nbsp;&nbsp;&nbsp;<I>Counterparts</I>. This Agreement may be executed by any one or more of the parties hereto in any number of
counterparts, each of which shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument. The words &#147;execution,&#148; &#147;signed,&#148; &#147;signature,&#148; and words of like import in
this Agreement or in any other certificate, agreement or document related to this Agreement or the offering and sale of the Securities shall include images of manually executed signatures transmitted by facsimile or other
</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">30 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
electronic format (including, without limitation, &#147;pdf&#148;, &#147;tif&#148; or &#147;jpg&#148;) and other electronic signatures (including, without limitation, DocuSign and AdobeSign). The
use of electronic signatures and electronic records (including, without limitation, any contract or other record created, generated, sent, communicated, received, or stored by electronic means) shall be of the same legal effect, validity and
enforceability as a manually executed signature or use of a paper-based record-keeping system to the fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State
Electronic Signatures and Records Act and any other applicable law, including, without limitation, any state law based on the Uniform Electronic Transactions Act. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(h)&nbsp;&nbsp;&nbsp;&nbsp;<I>Amendments or Waivers</I>. No amendment or waiver of any provision of this Agreement, nor any consent or
approval to any departure therefrom, shall in any event be effective unless the same shall be in writing and signed by the parties hereto. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;<I>Disclosure of Tax Treatment</I>. Notwithstanding anything herein to the contrary, the Issuer is authorized to
disclose to any persons the U.S.&nbsp;federal and state income tax treatment and tax structure of the potential transaction and all materials of any kind (including tax opinions and other tax analyses) provided to the Issuer relating to that
treatment and structure, without the Underwriters imposing any limitation of any kind. However, any information relating to the tax treatment and tax structure shall remain confidential (and the foregoing sentence shall not apply) to the extent
necessary to enable any person to comply with securities laws. For this purpose, &#147;tax structure&#148; is limited to any facts that may be relevant to that treatment. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(j)&nbsp;&nbsp;&nbsp;&nbsp;<I>Headings</I>. The headings herein are included for convenience of reference only and are not intended to be part
of, or to affect the meaning or interpretation of, this Agreement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">(k)&nbsp;&nbsp;&nbsp;&nbsp;<I>Representatives</I>. In all dealings
hereunder, the Representatives shall act on behalf of each of the Underwriters, and the parties hereto shall be entitled to act and rely upon any statement, request, notice or agreement on behalf of any Underwriter made or given by the
Representatives jointly. </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">31 </P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">If the foregoing is in accordance with your understanding, please indicate your acceptance
of this Agreement by signing in the space provided below. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="79%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">Very truly yours,</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">AMERICAN HOMES&nbsp;4 RENT, L.P.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">By: American Homes&nbsp;4 Rent, its general partner</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Christopher C. Lau</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Christopher C. Lau</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Chief Financial Officer</TD></TR>
</TABLE></DIV>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">
 <DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="7%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="12%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="79%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">Accepted: As of the date first written above</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">BofA Securities, Inc.</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">J.P. Morgan Securities LLC</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">Wells Fargo Securities, LLC</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">For themselves and on behalf of the several Underwriters listed in Schedule&nbsp;1 hereto.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">BOFA SECURITIES, INC.</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Chris Porter</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Chris Porter</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Managing Director</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">J.P. MORGAN SECURITIES LLC</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Maria Sramek</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Maria Sramek</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Executive Director</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16" COLSPAN="5"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="5">WELLS FARGO SECURITIES, LLC</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="4"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Carolyn Hurley</P></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Name:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Carolyn Hurley</TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Title:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Managing Director</TD></TR>
</TABLE></DIV>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>3
<FILENAME>d10458dex51.htm
<DESCRIPTION>EX-5.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-5.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">


<Center><DIV STYLE="width:8.5in" align="left">
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 5.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">


<TR>

<TD WIDTH="59%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="30%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="9%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top">


<IMG SRC="g10458g0701104221479.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Hogan Lovells US LLP</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Columbia Square</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">555 Thirteenth Street, NW</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Washington, DC 20004</P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">T +1 202 637 5600</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">F +1 202 637 5910</P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">www.hoganlovells.com</P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="bottom"></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">July&nbsp;1, 2021 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Board of
Trustees </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">American Homes 4 Rent </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">23975 Park Sorrento, Suite
300 </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Calabasas, California 91302 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Ladies and Gentlemen: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We are acting as counsel to American Homes 4 Rent, L.P., a Delaware limited partnership (the &#147;<B>Company</B>&#148;), in connection with the issuance and
sale of (i) $450&nbsp;million aggregate principal amount of the Company&#146;s 2.375% Senior Notes due 2031 (the &#147;<B>2031</B> <B>Notes</B>&#148;) and (ii) $300&nbsp;million aggregate principal amount of the Company&#146;s 3.375% Senior Notes
due 2051 (the &#147;<B>2051 Notes</B>&#148; and, together with the 2031 Notes, the &#147;<B>Notes</B>&#148;) pursuant to its registration statement on Form <FONT STYLE="white-space:nowrap">S-3</FONT> (File
<FONT STYLE="white-space:nowrap">No.&nbsp;333-239227)</FONT> (the &#147;<B>Registration Statement</B>&#148;), filed by the Company with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the &#147;<B>Act</B>&#148;),
on June&nbsp;17, 2020, and the prospectus dated June&nbsp;17, 2020 (the &#147;<B>Prospectus</B>&#148;), as supplemented by the supplement to the Prospectus dated June&nbsp;30, 2021 (the &#147;<B>Prospectus Supplement</B>&#148;). The Notes are to be
issued pursuant to an Indenture, dated as of February&nbsp;7, 2018, between the Company and U.S. Bank National Association, as Trustee (the &#147;<B>Indenture</B>&#148;), as supplemented by, in the case of the 2031 Notes, a Third Supplemental
Indenture (the &#147;<B>Third</B> <B>Supplemental Indenture</B>&#148;) and, in the case of the 2051 Notes, a Fourth Supplemental Indenture (the &#147;<B>Fourth</B> <B>Supplemental Indenture</B>&#148; and, together with the Third Supplemental
Indenture, the &#147;<B>Supplemental Indentures</B>&#148;), each to be entered into between the Company and the Trustee. This opinion letter is furnished to you at your request to enable you to fulfill the requirements of Item&nbsp;601(b)(5) of
Regulation <FONT STYLE="white-space:nowrap">S-K,</FONT> 17&nbsp;C.F.R. &#167;&nbsp;229.601(b)(5), in connection with the Registration Statement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For
purposes of this opinion letter, we have examined copies of such agreements, instruments and documents as we have deemed an appropriate basis on which to render the opinions hereinafter expressed.&nbsp;In our examination of the aforesaid documents,
we have assumed the genuineness of all signatures, the legal capacity of all natural persons, the accuracy and completeness of all documents submitted to us, the authenticity of all original documents, and the conformity to authentic original
documents of all documents submitted to us as copies (including pdfs). As to all matters of fact, we have relied on the representations and statements of fact made in the documents so reviewed, and we have not independently established the facts so
relied on. This opinion letter is given, and all statements herein are made, in the context of the foregoing. </P> <P STYLE="font-size:12pt; margin-top:0pt; margin-bottom:0pt">&nbsp;</P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman"><B>Hogan Lovells US LLP is a limited
liability partnership registered in the District of Columbia. &#147;Hogan Lovells&#148; is an international legal practice that includes Hogan Lovells US LLP and Hogan Lovells International LLP, with offices in: Alicante Amsterdam Baltimore Beijing
Birmingham Boston Brussels Colorado Springs Denver Dubai Dusseldorf Frankfurt Hamburg Hanoi Ho Chi Minh City Hong Kong Houston Johannesburg London Los Angeles Luxembourg Madrid Mexico City Miami Milan Minneapolis Monterrey Moscow Munich New York
Northern Virginia Paris Perth Philadelphia Rome San Francisco S&#227;o Paulo Shanghai Silicon Valley Singapore Sydney Tokyo Warsaw Washington, D.C. Associated Offices: Budapest Jakarta Riyadh Shanghai FTZ Ulaanbaatar Zagreb. Business Service
Centers: Johannesburg Louisville. Legal Services Center: Berlin. For more information see www.hoganlovells.com </B></P>

</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">

<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Board of Trustees</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">American Homes 4
Rent</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> -
 2
 -</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">July 1, 2021</TD></TR></TABLE> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">For purposes of this opinion letter, we have assumed that (i)&nbsp;U.S. Bank National Association, as trustee
(the &#147;<B>Trustee</B>&#148;) under the Indenture, to be supplemented by the Supplemental Indentures, upon execution of each Supplemental Indenture, will have all requisite power and authority under all applicable laws, regulations and governing
documents to execute, deliver and perform its obligations under the Indenture and the Supplemental Indentures and has complied with all legal requirements pertaining to its status as such status relates to the Trustee&#146;s right to enforce the
Indenture and the Supplemental Indentures against the Company, (ii)&nbsp;the Trustee has authorized, executed and delivered the Indenture and has authorized and will duly execute and deliver each Supplemental Indenture, (iii)&nbsp;the Trustee is
validly existing and in good standing in all necessary jurisdictions, (iv)&nbsp;the Indenture constitutes and, upon its execution, each Supplemental Indenture will constitute valid and binding obligations, enforceable against the Trustee in
accordance with their terms, (v)&nbsp;there has been no, and in the case of the Supplemental Indentures, there will be no mutual mistake of fact or misunderstanding, or fraud, duress or undue influence, in connection with the negotiation, execution
or delivery of the Indenture or the Supplemental Indentures, and the conduct of all parties to the Indenture and, upon execution, each Supplemental Indenture has complied and will comply with any requirements of good faith, fair dealing and
conscionability and (vi)&nbsp;there are, have been and will be no agreements or understandings among the parties, written or oral, and there is, has been and will be no usage of trade or course of prior dealing among the parties (and no act or
omission of any party) that would, in either case, define, supplement or qualify the terms of the Indenture or, upon its execution, each Supplemental Indenture. We also have assumed the validity and constitutionality of each relevant statute, rule,
regulation and agency action covered by this opinion letter. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This opinion letter is based as to matters of law solely on the applicable provisions of the
following, as currently in effect: (i)&nbsp;the Delaware Revised Uniform Limited Partnership Act; and (ii)&nbsp;the laws of the State of New York (but not including any laws, statutes, ordinances, administrative decisions, rules or regulations of
any political subdivision below the state level). We express no opinion herein as to any other statutes, rules or regulations (and in particular, we express no opinion as to any effect that such other statutes, rules or regulations may have on the
opinion expressed herein). As used herein, the term &#147;Delaware Revised Uniform Limited Partnership Act&#148; includes the statutory provisions contained therein, all applicable provisions of the Delaware Constitution and reported judicial
decisions interpreting these laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Based upon, subject to and limited by the foregoing, we are of the opinion that the Notes have been duly authorized on
behalf of the Company, and that, following (i)&nbsp;receipt by the Company of the consideration therefor specified in the Underwriting Agreement (the &#147;<B>Agreement</B>&#148;) dated June&nbsp;30, 2021, by and among the Company and BofA
Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein, and (ii)&nbsp;the due execution, authentication, issuance and delivery of the Notes pursuant to the terms of
the Indenture and the applicable Supplemental Indenture, and as contemplated by the Prospectus Supplement, the Notes will constitute valid and binding obligations of the Company. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The opinion expressed above with respect to the valid and binding nature of obligations may be limited by bankruptcy, insolvency, reorganization,
receivership, moratorium or other laws affecting creditors&#146; rights (including, without limitation, the effect of statutory and other law regarding fraudulent conveyances, fraudulent transfers and preferential transfers) and by the exercise of
judicial discretion and the application of principles of equity, good faith, fair dealing, reasonableness, </P>
</DIV></Center>


<p style="margin-top:1em; margin-bottom:0em; page-break-before:always">
<HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<Center><DIV STYLE="width:8.5in" align="left">


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">

<TR>

<TD WIDTH="35%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>

<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="31%"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Board of Trustees</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">American Homes 4
Rent</P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> -
 3
 -</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top" ALIGN="right">July 1, 2021</TD></TR></TABLE> <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P>
 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">
conscionability and materiality (regardless of whether the Notes are considered in a proceeding in equity or at law). </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">This opinion letter has been prepared for use in connection with the filing by American Homes 4 Rent, a Maryland real estate investment trust, and the Company
of a Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> on the date hereof (the &#147;<B>Form <FONT STYLE="white-space:nowrap">8-K</FONT></B>&#148;), which Form <FONT STYLE="white-space:nowrap">8-K</FONT> will be incorporated by
reference into the Registration Statement and the Prospectus Supplement, and speaks as of the date hereof. We assume no obligation to advise of any changes in the foregoing subsequent to the delivery of this opinion letter. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">We hereby consent to the filing of this opinion letter as Exhibit 5.1 to the Form <FONT STYLE="white-space:nowrap">8-K,</FONT> and to the reference to this
firm under the caption &#147;Legal Matters&#148; in the Prospectus Supplement, which constitutes part of the Registration Statement. In giving this consent, we do not thereby admit that we are an &#147;expert&#148; within the meaning of the Act.
</P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>

<TD WIDTH="100%"></TD></TR>


<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">Very truly yours,</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">/s/ Hogan Lovells US LLP</TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD></TR>
<TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">HOGAN LOVELLS US LLP</TD></TR>
</TABLE>
</DIV></Center>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>4
<FILENAME>amh-20210630.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<!--Generated by DFIN XBRL Instance Document - http://www.dfinsolutions.com/ - Version R3.0 - on 01-July-2021 [04:37:29] {PM}-->
<schema targetNamespace="http://www.americanhomes4rent.com/20210630" elementFormDefault="qualified" xmlns:amh="http://www.americanhomes4rent.com/20210630" xmlns="http://www.w3.org/2001/XMLSchema" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:us-gaap="http://fasb.org/us-gaap/2020-01-31" xmlns:country="http://xbrl.sec.gov/country/2020-01-31" xmlns:currency="http://xbrl.sec.gov/currency/2020-01-31" xmlns:dei="http://xbrl.sec.gov/dei/2020-01-31" xmlns:exch="http://xbrl.sec.gov/exch/2020-01-31" xmlns:naics="http://xbrl.sec.gov/naics/2017-01-31" xmlns:sic="http://xbrl.sec.gov/sic/2020-01-31" xmlns:us-types="http://fasb.org/us-types/2020-01-31" xmlns:stpr="http://xbrl.sec.gov/stpr/2018-01-31" xmlns:deprecated="http://www.xbrl.org/2009/arcrole/fact-explanatoryFact" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:srt="http://fasb.org/srt/2020-01-31" xmlns:srt-types="http://fasb.org/srt-types/2020-01-31">
<annotation>
<appinfo>
<link:roleType roleURI="http://www.americanhomes4rent.com/role/CoverPage" id="CoverPage">
<link:definition>1001 - Document - Cover Page</link:definition>
<link:usedOn>link:presentationLink</link:usedOn>
<link:usedOn>link:definitionLink</link:usedOn>
<link:usedOn>link:calculationLink</link:usedOn>
</link:roleType>
<link:linkbaseRef xlink:type="simple" xlink:href="amh-20210630_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
<link:linkbaseRef xlink:type="simple" xlink:href="amh-20210630_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
<link:linkbaseRef xlink:type="simple" xlink:href="amh-20210630_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
<link:linkbaseRef xlink:type="simple" xlink:href="amh-20210630_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" />
</appinfo>
</annotation>
<import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
<import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
<import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
<import namespace="http://fasb.org/us-gaap/2020-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd" />
<import namespace="http://xbrl.sec.gov/country/2020-01-31" schemaLocation="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd" />
<import namespace="http://xbrl.sec.gov/currency/2020-01-31" schemaLocation="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd" />
<import namespace="http://xbrl.sec.gov/exch/2020-01-31" schemaLocation="https://xbrl.sec.gov/exch/2020/exch-2020-01-31.xsd" />
<import namespace="http://xbrl.sec.gov/naics/2017-01-31" schemaLocation="https://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd" />
<import namespace="http://xbrl.sec.gov/sic/2020-01-31" schemaLocation="https://xbrl.sec.gov/sic/2020/sic-2020-01-31.xsd" />
<import namespace="http://xbrl.sec.gov/stpr/2018-01-31" schemaLocation="https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd" />
<import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd" />
<import namespace="http://www.xbrl.org/2009/role/net" schemaLocation="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd" />
<import namespace="http://www.xbrl.org/2009/arcrole/fact-explanatoryFact" schemaLocation="http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd" />
<import namespace="http://xbrl.sec.gov/dei/2020-01-31" schemaLocation="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd" />
<import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
<import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
<import namespace="http://fasb.org/us-types/2020-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2020/elts/us-types-2020-01-31.xsd" />
<import namespace="http://fasb.org/srt-types/2020-01-31" schemaLocation="http://xbrl.fasb.org/srt/2020/elts/srt-types-2020-01-31.xsd" />
<import namespace="http://fasb.org/srt/2020-01-31" schemaLocation="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd" />
<element name="SeriesHPerpetualPreferredSharesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="amh_SeriesHPerpetualPreferredSharesMember" substitutionGroup="xbrli:item" />
<element name="SeriesGPerpetualPreferredSharesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="amh_SeriesGPerpetualPreferredSharesMember" substitutionGroup="xbrli:item" />
<element name="SeriesFPerpetualPreferredSharesMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="amh_SeriesFPerpetualPreferredSharesMember" substitutionGroup="xbrli:item" />
<element name="AmericanHomes4RentLpMember" type="nonnum:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" id="amh_AmericanHomes4RentLpMember" substitutionGroup="xbrli:item" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>5
<FILENAME>amh-20210630_cal.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<!--Generated by DFIN XBRL Instance Document - http://www.dfinsolutions.com/ - Version R3.0 - on 01-July-2021 [04:37:29] {PM}-->
<linkbase xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
<roleRef xlink:type="simple" xlink:href="amh-20210630.xsd#CoverPage" roleURI="http://www.americanhomes4rent.com/role/CoverPage" />
<calculationLink xlink:type="extended" xlink:role="http://www.americanhomes4rent.com/role/CoverPage">
</calculationLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>6
<FILENAME>amh-20210630_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<!--Generated by DFIN XBRL Instance Document - http://www.dfinsolutions.com/ - Version R3.0 - on 01-July-2021 [04:37:29] {PM}-->
<linkbase xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:xbrldt="http://xbrl.org/2005/xbrldt">
<roleRef xlink:type="simple" xlink:href="amh-20210630.xsd#CoverPage" roleURI="http://www.americanhomes4rent.com/role/CoverPage" />
<arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all" />
<arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default" />
<arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain" />
<arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member" />
<arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension" />
<arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/notAll" xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#notAll" />
<definitionLink xlink:type="extended" xlink:role="http://www.americanhomes4rent.com/role/CoverPage">
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentInformationLineItems" xlink:label="loc_dei_DocumentInformationLineItems_472674" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_472683" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_DocumentPeriodEndDate_472683" use="optional" order="1" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentInformationTable" xlink:label="loc_dei_DocumentInformationTable_472671" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_DocumentInformationTable_472671" xbrldt:contextElement="segment" xbrldt:closed="true" use="optional" order="2" />
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_472672" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_dei_DocumentInformationTable_472671" xlink:to="loc_us-gaap_StatementClassOfStockAxis_472672" use="optional" order="3" />
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_472673" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_StatementClassOfStockAxis_472672" xlink:to="loc_us-gaap_ClassOfStockDomain_472673" use="optional" order="4" />
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_472673_default" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_StatementClassOfStockAxis_472672" xlink:to="loc_us-gaap_ClassOfStockDomain_472673_default" use="optional" order="5" />
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_SeriesHPerpetualPreferredSharesMember" xlink:label="loc_amh_SeriesHPerpetualPreferredSharesMember_472681" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ClassOfStockDomain_472673" xlink:to="loc_amh_SeriesHPerpetualPreferredSharesMember_472681" use="optional" order="6" />
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_SeriesGPerpetualPreferredSharesMember" xlink:label="loc_amh_SeriesGPerpetualPreferredSharesMember_472680" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ClassOfStockDomain_472673" xlink:to="loc_amh_SeriesGPerpetualPreferredSharesMember_472680" use="optional" order="7" />
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_SeriesFPerpetualPreferredSharesMember" xlink:label="loc_amh_SeriesFPerpetualPreferredSharesMember_472679" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ClassOfStockDomain_472673" xlink:to="loc_amh_SeriesFPerpetualPreferredSharesMember_472679" use="optional" order="8" />
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonClassAMember" xlink:label="loc_us-gaap_CommonClassAMember_472675" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ClassOfStockDomain_472673" xlink:to="loc_us-gaap_CommonClassAMember_472675" use="optional" order="9" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_472715" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_dei_DocumentInformationTable_472671" xlink:to="loc_dei_LegalEntityAxis_472715" use="optional" order="10" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_472716" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_dei_LegalEntityAxis_472715" xlink:to="loc_dei_EntityDomain_472716" use="optional" order="11" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_472716_default" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_dei_LegalEntityAxis_472715" xlink:to="loc_dei_EntityDomain_472716_default" use="optional" order="12" />
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_AmericanHomes4RentLpMember" xlink:label="loc_amh_AmericanHomes4RentLpMember_472718" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityDomain_472716" xlink:to="loc_amh_AmericanHomes4RentLpMember_472718" use="optional" order="13" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_472669" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_DocumentType_472669" use="optional" order="14" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_472684" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityRegistrantName_472684" use="optional" order="15" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_dei_PreCommencementTenderOffer_472700" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_PreCommencementTenderOffer_472700" use="optional" order="16" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_472701" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_472701" use="optional" order="17" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_dei_EntityEmergingGrowthCompany_472702" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityEmergingGrowthCompany_472702" use="optional" order="18" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle" xlink:label="loc_dei_Security12bTitle_472703" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_Security12bTitle_472703" use="optional" order="19" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:label="loc_dei_TradingSymbol_472704" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_TradingSymbol_472704" use="optional" order="20" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_dei_SecurityExchangeName_472705" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_SecurityExchangeName_472705" use="optional" order="21" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_dei_EntityFileNumber_472685" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityFileNumber_472685" use="optional" order="22" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_dei_EntityIncorporationStateCountryCode_472686" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityIncorporationStateCountryCode_472686" use="optional" order="23" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_dei_EntityTaxIdentificationNumber_472687" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityTaxIdentificationNumber_472687" use="optional" order="24" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_dei_EntityAddressAddressLine1_472690" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityAddressAddressLine1_472690" use="optional" order="25" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_dei_EntityAddressCityOrTown_472691" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityAddressCityOrTown_472691" use="optional" order="26" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_dei_EntityAddressStateOrProvince_472692" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityAddressStateOrProvince_472692" use="optional" order="27" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_dei_EntityAddressPostalZipCode_472693" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityAddressPostalZipCode_472693" use="optional" order="28" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode" xlink:label="loc_dei_CityAreaCode_472695" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_CityAreaCode_472695" use="optional" order="29" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_dei_LocalPhoneNumber_472696" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_LocalPhoneNumber_472696" use="optional" order="30" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_WrittenCommunications" xlink:label="loc_dei_WrittenCommunications_472697" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_WrittenCommunications_472697" use="optional" order="31" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SolicitingMaterial" xlink:label="loc_dei_SolicitingMaterial_472699" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_SolicitingMaterial_472699" use="optional" order="32" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_928817" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_AmendmentFlag_928817" use="optional" order="33" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_928819" />
<definitionArc xlink:type="arc" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityCentralIndexKey_928819" use="optional" order="34" />
</definitionLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>7
<FILENAME>amh-20210630_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<!--Generated by DFIN XBRL Instance Document - http://www.dfinsolutions.com/ - Version R3.0 - on 01-July-2021 [04:37:29] {PM}-->
<linkbase xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
<roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
<labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract" xlink:label="loc_dei_CoverAbstract" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_CoverAbstract" xml:lang="en-US">Cover [Abstract]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract" xlink:to="lab_dei_CoverAbstract" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentInformationTable" xlink:label="loc_dei_DocumentInformationTable" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentInformationTable" xml:lang="en-US">Document Information [Table]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationTable" xlink:to="lab_dei_DocumentInformationTable" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentInformationLineItems" xlink:label="loc_dei_DocumentInformationLineItems" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentInformationLineItems" xml:lang="en-US">Document Information [Line Items]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentInformationLineItems" xlink:to="lab_dei_DocumentInformationLineItems" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentPeriodEndDate" xml:lang="en-US">Document Period End Date</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_DocumentType" xml:lang="en-US">Document Type</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityRegistrantName" xml:lang="en-US">Entity Registrant Name</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName" xlink:to="lab_dei_EntityRegistrantName" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_dei_PreCommencementTenderOffer" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_PreCommencementTenderOffer" xml:lang="en-US">Pre-commencement Tender Offer</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementTenderOffer" xlink:to="lab_dei_PreCommencementTenderOffer" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_dei_PreCommencementIssuerTenderOffer" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_PreCommencementIssuerTenderOffer" xml:lang="en-US">Pre-commencement Issuer Tender Offer</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementIssuerTenderOffer" xlink:to="lab_dei_PreCommencementIssuerTenderOffer" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_dei_EntityEmergingGrowthCompany" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityEmergingGrowthCompany" xml:lang="en-US">Entity Emerging Growth Company</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany" xlink:to="lab_dei_EntityEmergingGrowthCompany" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle" xlink:label="loc_dei_Security12bTitle" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_Security12bTitle" xml:lang="en-US">Title of 12(b) Security</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle" xlink:to="lab_dei_Security12bTitle" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:label="loc_dei_TradingSymbol" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_TradingSymbol" xml:lang="en-US">Trading Symbol</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol" xlink:to="lab_dei_TradingSymbol" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_dei_SecurityExchangeName" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_SecurityExchangeName" xml:lang="en-US">Security Exchange Name</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName" xlink:to="lab_dei_SecurityExchangeName" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_dei_EntityFileNumber" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityFileNumber" xml:lang="en-US">Entity File Number</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber" xlink:to="lab_dei_EntityFileNumber" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_dei_EntityIncorporationStateCountryCode" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xml:lang="en-US">Entity Incorporation, State or Country Code</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode" xlink:to="lab_dei_EntityIncorporationStateCountryCode" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_dei_EntityTaxIdentificationNumber" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityTaxIdentificationNumber" xml:lang="en-US">Entity Tax Identification Number</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityTaxIdentificationNumber" xlink:to="lab_dei_EntityTaxIdentificationNumber" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_dei_EntityAddressAddressLine1" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityAddressAddressLine1" xml:lang="en-US">Entity Address, Address Line One</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_dei_EntityAddressCityOrTown" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityAddressCityOrTown" xml:lang="en-US">Entity Address, City or Town</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown" xlink:to="lab_dei_EntityAddressCityOrTown" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_dei_EntityAddressStateOrProvince" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityAddressStateOrProvince" xml:lang="en-US">Entity Address, State or Province</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince" xlink:to="lab_dei_EntityAddressStateOrProvince" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_dei_EntityAddressPostalZipCode" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityAddressPostalZipCode" xml:lang="en-US">Entity Address, Postal Zip Code</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode" xlink:label="loc_dei_CityAreaCode" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_CityAreaCode" xml:lang="en-US">City Area Code</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_dei_LocalPhoneNumber" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_LocalPhoneNumber" xml:lang="en-US">Local Phone Number</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber" xlink:to="lab_dei_LocalPhoneNumber" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_WrittenCommunications" xlink:label="loc_dei_WrittenCommunications" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_WrittenCommunications" xml:lang="en-US">Written Communications</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_WrittenCommunications" xlink:to="lab_dei_WrittenCommunications" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SolicitingMaterial" xlink:label="loc_dei_SolicitingMaterial" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_SolicitingMaterial" xml:lang="en-US">Soliciting Material</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SolicitingMaterial" xlink:to="lab_dei_SolicitingMaterial" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_AmendmentFlag" xml:lang="en-US">Amendment Flag</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityCentralIndexKey" xml:lang="en-US">Entity Central Index Key</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" />
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_us-gaap_StatementClassOfStockAxis" xml:lang="en-US">Class of Stock [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementClassOfStockAxis" xlink:to="lab_us-gaap_StatementClassOfStockAxis" />
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_us-gaap_ClassOfStockDomain" xml:lang="en-US">Class of Stock [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockDomain" xlink:to="lab_us-gaap_ClassOfStockDomain" />
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_SeriesHPerpetualPreferredSharesMember" xlink:label="loc_amh_SeriesHPerpetualPreferredSharesMember" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_amh_SeriesHPerpetualPreferredSharesMember" xml:lang="en-US">Series H perpetual preferred shares [Member]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_amh_SeriesHPerpetualPreferredSharesMember" xlink:to="lab_amh_SeriesHPerpetualPreferredSharesMember" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_amh_SeriesHPerpetualPreferredSharesMember" xml:lang="en-US">Series H perpetual preferred shares.</label>
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_SeriesGPerpetualPreferredSharesMember" xlink:label="loc_amh_SeriesGPerpetualPreferredSharesMember" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_amh_SeriesGPerpetualPreferredSharesMember" xml:lang="en-US">Series G perpetual preferred shares [Member]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_amh_SeriesGPerpetualPreferredSharesMember" xlink:to="lab_amh_SeriesGPerpetualPreferredSharesMember" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_amh_SeriesGPerpetualPreferredSharesMember" xml:lang="en-US">Series G perpetual preferred shares.</label>
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_SeriesFPerpetualPreferredSharesMember" xlink:label="loc_amh_SeriesFPerpetualPreferredSharesMember" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_amh_SeriesFPerpetualPreferredSharesMember" xml:lang="en-US">Series F perpetual preferred shares [Member]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_amh_SeriesFPerpetualPreferredSharesMember" xlink:to="lab_amh_SeriesFPerpetualPreferredSharesMember" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_amh_SeriesFPerpetualPreferredSharesMember" xml:lang="en-US">Series F perpetual preferred shares.</label>
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonClassAMember" xlink:label="loc_us-gaap_CommonClassAMember" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_us-gaap_CommonClassAMember" xml:lang="en-US">Class A common shares [Member]</label>
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="lab_us-gaap_CommonClassAMember" xml:lang="en-US">Class A common shares [Member]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonClassAMember" xlink:to="lab_us-gaap_CommonClassAMember" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_LegalEntityAxis" xml:lang="en-US">Legal Entity [Axis]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LegalEntityAxis" xlink:to="lab_dei_LegalEntityAxis" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_dei_EntityDomain" xml:lang="en-US">Entity [Domain]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain" xlink:to="lab_dei_EntityDomain" />
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_AmericanHomes4RentLpMember" xlink:label="loc_amh_AmericanHomes4RentLpMember" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="lab_amh_AmericanHomes4RentLpMember" xml:lang="en-US">AMERICAN HOMES 4 RENT LP [Member]</label>
<labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_amh_AmericanHomes4RentLpMember" xlink:to="lab_amh_AmericanHomes4RentLpMember" />
<label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="lab_amh_AmericanHomes4RentLpMember" xml:lang="en-US">AMERICAN HOMES 4 RENT, L.P.</label>
</labelLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>8
<FILENAME>amh-20210630_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<!--Generated by DFIN XBRL Instance Document - http://www.dfinsolutions.com/ - Version R3.0 - on 01-July-2021 [04:37:29] {PM}-->
<linkbase xmlns="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
<roleRef xlink:type="simple" xlink:href="amh-20210630.xsd#CoverPage" roleURI="http://www.americanhomes4rent.com/role/CoverPage" />
<presentationLink xlink:type="extended" xlink:role="http://www.americanhomes4rent.com/role/CoverPage">
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract" xlink:label="loc_dei_CoverAbstract_187796" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentInformationTable" xlink:label="loc_dei_DocumentInformationTable_472671" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_187796" xlink:to="loc_dei_DocumentInformationTable_472671" use="optional" order="1" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_472672" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationTable_472671" xlink:to="loc_us-gaap_StatementClassOfStockAxis_472672" use="optional" order="2" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_472673" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_472672" xlink:to="loc_us-gaap_ClassOfStockDomain_472673" use="optional" order="3" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonClassAMember" xlink:label="loc_us-gaap_CommonClassAMember_472675" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_472673" xlink:to="loc_us-gaap_CommonClassAMember_472675" use="optional" order="4" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_SeriesFPerpetualPreferredSharesMember" xlink:label="loc_amh_SeriesFPerpetualPreferredSharesMember_472679" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_472673" xlink:to="loc_amh_SeriesFPerpetualPreferredSharesMember_472679" use="optional" order="5" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_SeriesGPerpetualPreferredSharesMember" xlink:label="loc_amh_SeriesGPerpetualPreferredSharesMember_472680" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_472673" xlink:to="loc_amh_SeriesGPerpetualPreferredSharesMember_472680" use="optional" order="6" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_SeriesHPerpetualPreferredSharesMember" xlink:label="loc_amh_SeriesHPerpetualPreferredSharesMember_472681" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_472673" xlink:to="loc_amh_SeriesHPerpetualPreferredSharesMember_472681" use="optional" order="7" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_dei_LegalEntityAxis_472715" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationTable_472671" xlink:to="loc_dei_LegalEntityAxis_472715" use="optional" order="8" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_dei_EntityDomain_472716" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_LegalEntityAxis_472715" xlink:to="loc_dei_EntityDomain_472716" use="optional" order="9" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="amh-20210630.xsd#amh_AmericanHomes4RentLpMember" xlink:label="loc_amh_AmericanHomes4RentLpMember_472718" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityDomain_472716" xlink:to="loc_amh_AmericanHomes4RentLpMember_472718" use="optional" order="10" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentInformationLineItems" xlink:label="loc_dei_DocumentInformationLineItems_472674" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationTable_472671" xlink:to="loc_dei_DocumentInformationLineItems_472674" use="optional" order="11" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_928817" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_AmendmentFlag_928817" use="optional" order="12" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_928819" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityCentralIndexKey_928819" use="optional" order="13" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_472669" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_DocumentType_472669" use="optional" order="14" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_472683" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_DocumentPeriodEndDate_472683" use="optional" order="15" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_472684" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityRegistrantName_472684" use="optional" order="16" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_dei_EntityFileNumber_472685" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityFileNumber_472685" use="optional" order="17" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_dei_EntityIncorporationStateCountryCode_472686" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityIncorporationStateCountryCode_472686" use="optional" order="18" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_dei_EntityTaxIdentificationNumber_472687" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityTaxIdentificationNumber_472687" use="optional" order="19" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_dei_EntityAddressAddressLine1_472690" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityAddressAddressLine1_472690" use="optional" order="20" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_dei_EntityAddressCityOrTown_472691" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityAddressCityOrTown_472691" use="optional" order="21" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_dei_EntityAddressStateOrProvince_472692" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityAddressStateOrProvince_472692" use="optional" order="22" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_dei_EntityAddressPostalZipCode_472693" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityAddressPostalZipCode_472693" use="optional" order="23" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CityAreaCode" xlink:label="loc_dei_CityAreaCode_472695" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_CityAreaCode_472695" use="optional" order="24" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_dei_LocalPhoneNumber_472696" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_LocalPhoneNumber_472696" use="optional" order="25" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_WrittenCommunications" xlink:label="loc_dei_WrittenCommunications_472697" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_WrittenCommunications_472697" use="optional" order="26" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SolicitingMaterial" xlink:label="loc_dei_SolicitingMaterial_472699" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_SolicitingMaterial_472699" use="optional" order="27" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_dei_PreCommencementTenderOffer_472700" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_PreCommencementTenderOffer_472700" use="optional" order="28" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_472701" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_472701" use="optional" order="29" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_dei_EntityEmergingGrowthCompany_472702" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_EntityEmergingGrowthCompany_472702" use="optional" order="30" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12bTitle" xlink:label="loc_dei_Security12bTitle_472703" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_Security12bTitle_472703" use="optional" order="31" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:label="loc_dei_TradingSymbol_472704" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_TradingSymbol_472704" use="optional" order="32" preferredLabel="http://www.xbrl.org/2003/role/label" />
<loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_dei_SecurityExchangeName_472705" />
<presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_DocumentInformationLineItems_472674" xlink:to="loc_dei_SecurityExchangeName_472705" use="optional" order="33" preferredLabel="http://www.xbrl.org/2003/role/label" />
</presentationLink>
</linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>g10458g0701104221479.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g10458g0701104221479.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !> %X# 2(  A$! Q$!_\0
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(Z*R]"DK'_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>10
<FILENAME>d10458d8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:amh="http://www.americanhomes4rent.com/20210630"
  xmlns:dei="http://xbrl.sec.gov/dei/2020-01-31"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:us-gaap="http://fasb.org/us-gaap/2020-01-31"
  xmlns:xbrldi="http://xbrl.org/2006/xbrldi"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="amh-20210630.xsd" xlink:type="simple"/>
    <context id="P06_30_2021To06_30_2021">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001562401</identifier>
        </entity>
        <period>
            <startDate>2021-06-30</startDate>
            <endDate>2021-06-30</endDate>
        </period>
    </context>
    <context id="P06_30_2021To06_30_2021_AmericanHomes4RentLpMemberdeiLegalEntityAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001562401</identifier>
            <segment>
                <xbrldi:explicitMember dimension="dei:LegalEntityAxis">amh:AmericanHomes4RentLpMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-06-30</startDate>
            <endDate>2021-06-30</endDate>
        </period>
    </context>
    <context id="P06_30_2021To06_30_2021_CommonClassAMemberusgaapStatementClassOfStockAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001562401</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:CommonClassAMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-06-30</startDate>
            <endDate>2021-06-30</endDate>
        </period>
    </context>
    <context id="P06_30_2021To06_30_2021_SeriesFPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001562401</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">amh:SeriesFPerpetualPreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-06-30</startDate>
            <endDate>2021-06-30</endDate>
        </period>
    </context>
    <context id="P06_30_2021To06_30_2021_SeriesGPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001562401</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">amh:SeriesGPerpetualPreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-06-30</startDate>
            <endDate>2021-06-30</endDate>
        </period>
    </context>
    <context id="P06_30_2021To06_30_2021_SeriesHPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001562401</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">amh:SeriesHPerpetualPreferredSharesMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2021-06-30</startDate>
            <endDate>2021-06-30</endDate>
        </period>
    </context>
    <dei:AmendmentFlag contextRef="P06_30_2021To06_30_2021">false</dei:AmendmentFlag>
    <dei:EntityCentralIndexKey contextRef="P06_30_2021To06_30_2021">0001562401</dei:EntityCentralIndexKey>
    <dei:DocumentType contextRef="P06_30_2021To06_30_2021">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="P06_30_2021To06_30_2021">2021-06-30</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="P06_30_2021To06_30_2021">AMERICAN HOMES 4 RENT</dei:EntityRegistrantName>
    <dei:EntityRegistrantName contextRef="P06_30_2021To06_30_2021_AmericanHomes4RentLpMemberdeiLegalEntityAxis">AMERICAN HOMES 4 RENT, L.P.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="P06_30_2021To06_30_2021">MD</dei:EntityIncorporationStateCountryCode>
    <dei:EntityIncorporationStateCountryCode contextRef="P06_30_2021To06_30_2021_AmericanHomes4RentLpMemberdeiLegalEntityAxis">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="P06_30_2021To06_30_2021">001-36013</dei:EntityFileNumber>
    <dei:EntityFileNumber contextRef="P06_30_2021To06_30_2021_AmericanHomes4RentLpMemberdeiLegalEntityAxis">333-221878-02</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="P06_30_2021To06_30_2021">46-1229660</dei:EntityTaxIdentificationNumber>
    <dei:EntityTaxIdentificationNumber contextRef="P06_30_2021To06_30_2021_AmericanHomes4RentLpMemberdeiLegalEntityAxis">80-0860173</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="P06_30_2021To06_30_2021">23975 Park Sorrento, Suite 300</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown contextRef="P06_30_2021To06_30_2021">Calabasas</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="P06_30_2021To06_30_2021">CA</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="P06_30_2021To06_30_2021">91302</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="P06_30_2021To06_30_2021">805</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="P06_30_2021To06_30_2021">413-5300</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="P06_30_2021To06_30_2021">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="P06_30_2021To06_30_2021">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="P06_30_2021To06_30_2021">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="P06_30_2021To06_30_2021">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle contextRef="P06_30_2021To06_30_2021_CommonClassAMemberusgaapStatementClassOfStockAxis">Class A common shares of beneficial interest, $.01 par value</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="P06_30_2021To06_30_2021_CommonClassAMemberusgaapStatementClassOfStockAxis">AMH</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="P06_30_2021To06_30_2021_CommonClassAMemberusgaapStatementClassOfStockAxis">NYSE</dei:SecurityExchangeName>
    <dei:Security12bTitle contextRef="P06_30_2021To06_30_2021_SeriesFPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">Series F perpetual preferred shares of beneficial interest, $.01 par value</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="P06_30_2021To06_30_2021_SeriesFPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">AMH-F</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="P06_30_2021To06_30_2021_SeriesFPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">NYSE</dei:SecurityExchangeName>
    <dei:Security12bTitle contextRef="P06_30_2021To06_30_2021_SeriesGPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">Series G perpetual preferred shares of beneficial interest, $.01 par value</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="P06_30_2021To06_30_2021_SeriesGPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">AMH-G</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="P06_30_2021To06_30_2021_SeriesGPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">NYSE</dei:SecurityExchangeName>
    <dei:Security12bTitle contextRef="P06_30_2021To06_30_2021_SeriesHPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">Series H perpetual preferred shares of beneficial interest, $.01 par value</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="P06_30_2021To06_30_2021_SeriesHPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">AMH-H</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="P06_30_2021To06_30_2021_SeriesHPerpetualPreferredSharesMemberusgaapStatementClassOfStockAxis">NYSE</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="P06_30_2021To06_30_2021">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.2</span><table class="report" border="0" cellspacing="2" id="idm140551734187384">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover Page<br></strong></div></th>
<th class="th"><div>Jun. 30, 2021</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001562401<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jun. 30,  2021<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">AMERICAN HOMES 4 RENT<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-36013<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">MD<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">46-1229660<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">23975 Park Sorrento, Suite 300<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Calabasas<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">CA<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">91302<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">805<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">413-5300<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=amh_AmericanHomes4RentLpMember', window );">AMERICAN HOMES 4 RENT LP [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">AMERICAN HOMES 4 RENT, L.P.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">333-221878-02<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">80-0860173<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassAMember', window );">Class A common shares [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Class A common shares of beneficial interest, $.01 par value<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">AMH<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=amh_SeriesFPerpetualPreferredSharesMember', window );">Series F perpetual preferred shares [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Series F perpetual preferred shares of beneficial interest, $.01 par value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">AMH-F<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=amh_SeriesGPerpetualPreferredSharesMember', window );">Series G perpetual preferred shares [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Series G perpetual preferred shares of beneficial interest, $.01 par value<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">AMH-G<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=amh_SeriesHPerpetualPreferredSharesMember', window );">Series H perpetual preferred shares [Member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentInformationLineItems', window );"><strong>Document Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Series H perpetual preferred shares of beneficial interest, $.01 par value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">AMH-H<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=amh_AmericanHomes4RentLpMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=amh_AmericanHomes4RentLpMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=us-gaap_CommonClassAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=amh_SeriesFPerpetualPreferredSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=amh_SeriesFPerpetualPreferredSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=amh_SeriesGPerpetualPreferredSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=amh_SeriesGPerpetualPreferredSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=amh_SeriesHPerpetualPreferredSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=amh_SeriesHPerpetualPreferredSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>12
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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MY?.J>ZC+N.HL?X;[:)'-M[#/)73)>UYN1]76^T$D7O!9QP<<GB-WPQ-',)^
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M-4H2U\7!ZQ^4ZD2HN7/08&<B+EA0BJN$7/D=<.I[.T!*1D.QD8E>I6.5Z*U
M.EK >MKBRAE#VQH%.JB]XY8:8P*IL0,@9^O1=#%-)IXPC,^[V?S!9@K(RDT*
M$3FQ!'_'G2/)W55D(TADIJ]X(;+U[/M!3EN#OI'-X_T,:3?D@6)8YL_X>\87
M_QO.\1'"[K\_L;S63AI_YHOA/UY_ 5!+ 0(4 Q0    ( ":%X5('04UB@0
M +$    0              "  0    !D;V-0<F]P<R]A<' N>&UL4$L! A0#
M%     @ )H7A4BB"[LSN    *P(  !$              ( !KP   &1O8U!R
M;W!S+V-O<F4N>&UL4$L! A0#%     @ )H7A4IE<G",0!@  G"<  !,
M         ( !S $  'AL+W1H96UE+W1H96UE,2YX;6Q02P$"% ,4    "  F
MA>%2J$(%<9,%  #G'   &               @($-"   >&PO=V]R:W-H965T
M<R]S:&5E=#$N>&UL4$L! A0#%     @ )H7A4I^@&_"Q @  X@P   T
M         ( !U@T  'AL+W-T>6QE<RYX;6Q02P$"% ,4    "  FA>%2EXJ[
M',     3 @  "P              @ &R$   7W)E;',O+G)E;'-02P$"% ,4
M    "  FA>%2&445]3<!   G @  #P              @ &;$0  >&PO=V]R
M:V)O;VLN>&UL4$L! A0#%     @ )H7A4B0>FZ*M    ^ $  !H
M     ( !_Q(  'AL+U]R96QS+W=O<FMB;V]K+GAM;"YR96QS4$L! A0#%
M  @ )H7A4F60>9(9 0  SP,  !,              ( !Y!,  %M#;VYT96YT
A7U1Y<&5S72YX;6Q02P4&      D "0 ^ @  +A4

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>15
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.21.2</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>6</ContextCount>
  <ElementCount>96</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>5</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="d10458d8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>1001 - Document - Cover Page</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.americanhomes4rent.com/role/CoverPage</Role>
      <ShortName>Cover Page</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="d10458d8k.htm">d10458d8k.htm</File>
    <File>amh-20210630.xsd</File>
    <File>amh-20210630_cal.xml</File>
    <File>amh-20210630_def.xml</File>
    <File>amh-20210630_lab.xml</File>
    <File>amh-20210630_pre.xml</File>
    <File>d10458dex11.htm</File>
    <File>d10458dex51.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2020-01-31</BaseTaxonomy>
    <BaseTaxonomy>http://fasb.org/us-gaap/2020-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>true</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>17
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "d10458d8k.htm": {
   "axisCustom": 0,
   "axisStandard": 2,
   "contextCount": 6,
   "dts": {
    "calculationLink": {
     "local": [
      "amh-20210630_cal.xml"
     ]
    },
    "definitionLink": {
     "local": [
      "amh-20210630_def.xml"
     ],
     "remote": [
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-eedm-def-2020-01-31.xml",
      "http://xbrl.fasb.org/srt/2020/elts/srt-eedm1-def-2020-01-31.xml"
     ]
    },
    "inline": {
     "local": [
      "d10458d8k.htm"
     ]
    },
    "labelLink": {
     "local": [
      "amh-20210630_lab.xml"
     ],
     "remote": [
      "https://xbrl.sec.gov/dei/2020/dei-doc-2020-01-31.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "amh-20210630_pre.xml"
     ]
    },
    "referenceLink": {
     "remote": [
      "https://xbrl.sec.gov/dei/2020/dei-ref-2020-01-31.xml"
     ]
    },
    "schema": {
     "local": [
      "amh-20210630.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd",
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-roles-2020-01-31.xsd",
      "http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://xbrl.fasb.org/srt/2020/elts/srt-types-2020-01-31.xsd",
      "http://xbrl.fasb.org/srt/2020/elts/srt-roles-2020-01-31.xsd",
      "https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-types-2020-01-31.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd",
      "https://xbrl.sec.gov/exch/2020/exch-2020-01-31.xsd",
      "https://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd",
      "https://xbrl.sec.gov/sic/2020/sic-2020-01-31.xsd",
      "https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd",
      "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd"
     ]
    }
   },
   "elementCount": 34,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2020-01-31": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 96,
   "memberCustom": 4,
   "memberStandard": 1,
   "nsprefix": "amh",
   "nsuri": "http://www.americanhomes4rent.com/20210630",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "div",
       "div",
       "div",
       "div",
       "div",
       "div",
       "body",
       "html"
      ],
      "baseRef": "d10458d8k.htm",
      "contextRef": "P06_30_2021To06_30_2021",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "1001 - Document - Cover Page",
     "role": "http://www.americanhomes4rent.com/role/CoverPage",
     "shortName": "Cover Page",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "div",
       "div",
       "div",
       "div",
       "div",
       "div",
       "body",
       "html"
      ],
      "baseRef": "d10458d8k.htm",
      "contextRef": "P06_30_2021To06_30_2021",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 5,
   "tag": {
    "amh_AmericanHomes4RentLpMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "AMERICAN HOMES 4 RENT, L.P.",
        "label": "AMERICAN HOMES 4 RENT LP [Member]"
       }
      }
     },
     "localname": "AmericanHomes4RentLpMember",
     "nsuri": "http://www.americanhomes4rent.com/20210630",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "domainItemType"
    },
    "amh_SeriesFPerpetualPreferredSharesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Series F perpetual preferred shares.",
        "label": "Series F perpetual preferred shares [Member]"
       }
      }
     },
     "localname": "SeriesFPerpetualPreferredSharesMember",
     "nsuri": "http://www.americanhomes4rent.com/20210630",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "domainItemType"
    },
    "amh_SeriesGPerpetualPreferredSharesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Series G perpetual preferred shares.",
        "label": "Series G perpetual preferred shares [Member]"
       }
      }
     },
     "localname": "SeriesGPerpetualPreferredSharesMember",
     "nsuri": "http://www.americanhomes4rent.com/20210630",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "domainItemType"
    },
    "amh_SeriesHPerpetualPreferredSharesMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Series H perpetual preferred shares.",
        "label": "Series H perpetual preferred shares [Member]"
       }
      }
     },
     "localname": "SeriesHPerpetualPreferredSharesMember",
     "nsuri": "http://www.americanhomes4rent.com/20210630",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "domainItemType"
    },
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "xbrltype": "stringItemType"
    },
    "dei_DocumentInformationLineItems": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.",
        "label": "Document Information [Line Items]"
       }
      }
     },
     "localname": "DocumentInformationLineItems",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_DocumentInformationTable": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Container to support the formal attachment of each official or unofficial, public or private document as part of a submission package.",
        "label": "Document Information [Table]"
       }
      }
     },
     "localname": "DocumentInformationTable",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.",
        "label": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityDomain": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "All the names of the entities being reported upon in a document. Any legal structure used to conduct activities or to hold assets. Some examples of such structures are corporations, partnerships, limited liability companies, grantor trusts, and other trusts. This item does not include business and geographical segments which are included in the geographical or business segments domains.",
        "label": "Entity [Domain]"
       }
      }
     },
     "localname": "EntityDomain",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "domainItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_LegalEntityAxis": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "The set of legal entities associated with a report.",
        "label": "Legal Entity [Axis]"
       }
      }
     },
     "localname": "LegalEntityAxis",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-us": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "booleanItemType"
    },
    "us-gaap_ClassOfStockDomain": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Class of Stock [Domain]"
       }
      }
     },
     "localname": "ClassOfStockDomain",
     "nsuri": "http://fasb.org/us-gaap/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "domainItemType"
    },
    "us-gaap_CommonClassAMember": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Class A common shares [Member]",
        "verboseLabel": "Class A common shares [Member]"
       }
      }
     },
     "localname": "CommonClassAMember",
     "nsuri": "http://fasb.org/us-gaap/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "domainItemType"
    },
    "us-gaap_StatementClassOfStockAxis": {
     "auth_ref": [],
     "lang": {
      "en-us": {
       "role": {
        "label": "Class of Stock [Axis]"
       }
      }
     },
     "localname": "StatementClassOfStockAxis",
     "nsuri": "http://fasb.org/us-gaap/2020-01-31",
     "presentation": [
      "http://www.americanhomes4rent.com/role/CoverPage"
     ],
     "xbrltype": "stringItemType"
    }
   },
   "unitCount": 0
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "Name": "Regulation 12B",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r6": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>18
<FILENAME>0001193125-21-206398-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001193125-21-206398-xbrl.zip
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MVLD'  #M3P  %    &%M:"TR,#(Q,#8S,%]L86(N>&ULS5Q;;]LV&'T?L/_
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M DQ ' QX=+.>J22/;*-*VM3LK)F]';IL0>(MO.CKD H/$FV,43?I,]?XB 6
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M<WA682B>1])M=6Y&X>2L N*9BJ37;'BR\;MS(A@/P%38R3Y^N^\E' 4QI"@
M>$9BR$ZH@*A(2=/:LZ8UZ<.<0B8,E-J^&#+A#%QRB$,8;MR1/;Q@),6;!(FN
M(QEA0I-"9<],=*WBR&!0G9+'6@B1B&?=DP<R#)XKKBX=Q7?BU$B-TQTS3D'
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MI;^3TV;$T5#3!%DV\PM:RTGH.1>'=_2!/*6717>LM?8<7[?Y'C -<BPH"UK
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M SF#D?!V,&P93(X 'J8)56]:DQ8*+"@%^_.WVXMA\2"]_+!H*9#44RTANS0
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MJO_0<#U5(=.:E^?I$^N6<\\6TA=2I[[K;*"&.9[7$,XS D%XV IS= +F2_&
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M@>6'HS92'=5/S*-([A,EH390N<D,W1U" [(/V&Y5/^$L!N&BR'\#.Q+ZYG:
MB):^OA/ "[MQP_49#>\6]W<J3S5<G6CX/(IA8>80SLNT#RLKG_9U7K9B75[
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M-)9GQ&ZFIS 1G<-$1I*8IF<53+DA"P9=:@JG#S\[0=<]_@]02P,$%     @
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M/EC5M!T'_IG)=;A6":+B8^OVXQ\1:>[[.Y0<#F';*10VJ\:"!]HG5!I<&6D
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M,E.<TFOMAJW-!A03Q'^S0<6'WX.*MX'4>;90*C278R/G.X1XN4:4$C3)*A%
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M:?%O,Z<HMILMC,W"->T6 <(F?'N@R8;V;7J13,9M7-(*EL= SP0]\<T-)$3
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MXNGP-8),@D>7E:OYQ]_O>_:O,V)0L67V?+3AP&I_YLV-D>%A")<SZ H9C61
ME$/W1\XU4!%54W(\BT\_U_L'U[4M *SGKMB-$Q>AFA?#3YWIK+7;%0@G!KM
M><+Z QLG@U@4YSELURAH7R#C+\KS))> N E#<.];"BGXF$2+"8E43EM/@PJD
M@+@IY''0_BSVI7:-F><&??D\+Q:@405PDW&PAM]1+<K+%*Q/;1+'-=FQ,N7S
MRV&_Z;@MYM@TH&[/QEP1)"O0L( +5PKUY;9ORT0^Z/]X 7S;7R9=QO:>4Y)[
M9W8FKL("7-*92.[V/22.5E1TK^H#(.!<"\CEZ<V7LS3,68H(5BJ#_]YFHP-[
M$:C6;CNZ16GK+&+!]+:\5[RJX*4K<J!;OG52;^&S<KVUY$RO^PC*U@NRS;#H
MTV.U4VO'Q4] I(K<L*G%#U$6CDKI%94DMJJWQ]0/C"7#7$:A9JUY+?0;WWA+
MF41!P-,:53<90Z%>;E_SS8WNQ/,]R'UO-=%[OO U#W/@KWIOS+3#'4ETJ5#S
M,E4#A%"$+1<[<EWX)XL%+/??9:I61\TFN;HH2&,*C>*PR_S7L7L">*6AI@VM
MO*%9,+J[3=[<#2OT"^Q2)=*F70?(?7I MRXFA/)$S<YW:Q<@YR;8!,)\M[D\
M=BRQF-.AG1FPL-?5T&#[FPW9/=S]'K*[51^%?*12,')7$-87U UTFPJH'P72
MKF0&7,N](94:N =M+Y:#$,*7I<<6N9'BO1*9E$\ ,JZ;H:/LO Y-T(N4><89
M,<EA2[1);EOW31-#$HZ*KK+)&@NY>@$"X+;GS]5J:#X :46=PT'/49N$TB%?
M77$3^/TXF>@-]T86XOML^[UQ0IO$G>*/UA<NCH[*O)*>6/^=3&<OHC_ ACR/
MWKSYP%?*Y@;=*8WD7P.E)T)B4 P(W F1!;'OZ#RBZYN_4>OO U]UUL'<^-/)
M:(390#\&&SRE0@YBJ&<J,^E];N$^:UPY<>3[GV]N&,^<S1 ?5Y'31&8F-]M+
M2MC,H)$;NGF+G/JW2VB7':VA[*"LA2!,84 +FRYJ"Z>WMJ*B\RI9>/^!@&O;
MQ3+ZJ+]-[SF.&M_9Y=E6"\&3-Y&+%ND4HP9S9LEJ (@L[F*^ [<Q+ZHV+J9#
M 8ZDAW%B<#*DP:U8O5!?Z/9@S9='\7;#>(T^-I;?JE,:1(WL&<1_25ZGH39:
ME6WC++:@=BW":'B1I6,CGFJ\D?#2WZ3=#SG7_+?Z"5 A)][[H*_>[:2U27?
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MD8L)>472FX+3(+BHYTDYF@BVFWP,#WQN01@7;:U5;[98]Y HVGO2)Z,'Z)S
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M?+>:>^#5XT?DB2D*B-! 7MT6/#UF3FH,W?4%,GAOE&>;HUUJ<H'1ALWVW S
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M3.W[,M5K3JB=^T+AT8(T)$P#YAHJ+$U*1?*9>&U#S!&Y=YHX2TCG*=E<IU9
M?FW31+)A;(JSC"GV\>',)&.Q?W9]=5>@_1%,OVECV5=[D9DF$DBKN]G>?T&+
M#L3ZF0X1N]_=<F6:3HWM=GL366![>W>CH#$G_6U5N&XNW)QG#< S$+U95=NE
M7KJJGR4ZS8/M]%M_)*,A+QS#^8AL%@70Y,+BPSY;<.M-N]V@0)'@&X#/O'A8
M596E7@.Y#UFD?+G8Y7K1:C!KVA@GQL:(@0R.*"F([B]>X'!3[)@[-"2R61QS
MWDC+XY?/R+KTY&8UQW;+E[-5')&+<W(5YDW@,^6CB?(!&/5@=(IDR@H5[T(N
MN8#2HC1+5,.SA^!0ZYGJ)4"3OJSRR;=>-T GG0+WS5F25/>QV6V*(QE]%5?L
M"0BR0VM-7_,GUH8OE MG*=A_1WF<GVAG7UJ51VXUI"2#TJ"B$1G6:P7Y!;:\
M-D\GU2UBF4 NI)<*L%,1X,QD"2'BI>06!'!K'RO!JISRX)$7TLQR'O-.JV1_
MY-Q%</,*U>N(/R\W.\O@[$I.I^$ZL8XH9$.58C^JAQADJ-IV!%(@-#.9D"G]
MDR"M_94IRWZH(ME#8:%O\6F0A4@9(5.G13IAL=DO+Y!?G$^^:FVM]S;6=S88
MAB$-9:%+0H_(A[\W\F2VM>NH'3?/FK=-TM:K7=]!;F^_:19,5M;'Y?FO^>SX
M!*F_7D,LQ\8JZ_SQGOH;8JK$2$Y@S6\@$\$&?:QPZVT&6TL41Z=<.B#.D3E-
MDW$#T\\_V8)00,L#2APR1JY$3:72"I!&S*&6D78>E*@B9WN9K(#K*AW) 3F&
M^A;#^:P*?)VYB 3YA)/3*=/'F 3L4U;JBD!(X[D\$DF-!**50Q5E.&0$NK19
MPH6L'H(:^;F+AA!0($0(PQ]T.LM7\1(\CP&6(*A;*OLH-;+O'!UM$8(GG:-=
MZL=F/2"NU+EXEN_/\#-*=961232,+BM[R\H#Y\))Q[2:,G.^N]@#$%(P_)X$
M#CBRI=<!>L(L(#09!P.+XG!HF0'VCR5Y"9,; '&6[I*H4(.6B7P,DJTH<:1L
M1Y*X@"'%;E +5)XD*Y*1+TRTFJK G37G$9D4JP,5*\Y%X4P@&2 -^%P!(D25
M"-1KA3PKL\Q03U3D&+#=2_&<UW$A) G+/([H4M\*%$A>-C10T[W079A,BN]V
M.0NS2;$?KVB0[NT4]R9G%4K_8I_U^KNI!,5AV=B*U"KS9J)>"[7LZ9#<L]I7
M.&SJ*P4K\H32H7;@+!]--7T9FF/C2QMQB:C,J"3*L8,+TSBA-@BM1SJ2Y"OD
MQY!\J:QD^/DO+N8H8DW#)6TS&("F!;T]<1A2/X4$=CBF0P1R#! 3IGH,9Q!'
M2G^!/]1K1QIA&0U']*VQ*?SN"#4/39FE YI$!D9TJ;L86C1AT00>>9+UI,9/
M6A68!'@J 3A"*4S%N1SWLF2(?R.C(;,X'FEQJ:.1.";EGAM$ZN_TX]QDS.R#
M 2!&XN%='1,%A@X)  R4'.(@G>R;&O<,?7LI@P2)\E)]TWWCZ%UJ6!T_0Z@&
M7"(E8X,8$Y?D_FCIL<+8OIF*RRRBW$U^\8=)OM9K5R8AM!&)3YK<"YWWC4RP
M\T81RKD9@62@PGB$+^!(P.;@0,?L:] 3W=]^0=/PUF!3%N(C@?H1=-*%#R'T
MQ">$*9AWH35(!'5W9T&$!W?FZ\R(SS*Q<BKF9G[-XV8!*N%NU\Z.>^(H"V1,
M0.*#_ K/A#1Z)H-1R?+L[D_Q,90RZDF9RD3\256O![R:6<T)O:N2"6C5:^[Z
M!#07=)YI.P$B <CIL&?Z#; _;X ,*@DULA.JLF#GT9S,?<L&U+MLT%9>@_ D
M_,7)Q2=\]%<X/(BG^5J,9#8+U3R$4.-[44^/*M/ZGJ*,MB?#J9Q9'IR?WXKN
MQ9]('^VUG"3?(NW]\H;_6[@>\3.]X].KN]/;?_V*R5\H_'^^GEEQ.=/>^='+
MF>T?); U=SOSDV]F6!M+KV:><:27#T[SML$^J;0]?<"].#.C3H&:Y<>,N%</
MNDE+BWXD-BE@M_'_YL\B[2]/:;PM_&2[](9RL/Y3X,5S7@93LR(>W:N4D!Y5
M?UUO.!D?,6%(G4O5:PN]OGM<[>?+@5*U6^:^=]G09D7KW!!9#/G5-]7/\HZ%
M.^CEZPE_ )JZ,^(7;FVMILFDF4(<QJZ _0#\J-M.1%J'1HM@"C7(H9R":U+T
MN@Z+#U%2T&,35"EQ-W75+!@-=@"?)YX#>ARJ3#Q8-$#;0T]HB4J*UF3%^?G[
M$;<:Z(X(H#/ (ID=@)MKWL$XE9K$S.>:!-)=K\*]J/\(K"]I<N7'8]YZ^726
M0\*-#' ,QH:J.N;YKLA#27UN=9+1X-&Q\[(*1SZ9M\??U+QX=0:N.78J]9W*
M//_YC:[I(<L'%,>>2I7(PTX#X99)IVV]-D&M#9@F,#??%T0,PX?&<(<6<=M'
MS0\UN0J Q<ID)KYD@'&!YD&&)0:3"OWR*$!IH)IFJ;.T]W8R7.'QC8=$=X<N
MJ0@6EV7L:2=:Q0$;N479T:MF*DX<U6MHR@U@.MU'Y!,8#:]5R9@.4CE'XNS7
MHZE59!JY9A8'>"LCVY'@$_2H5Q7C+,VP9@Q-RZ^J:'H)[VG+P9,KO$$/!XG,
MH+* J%EZ@"49P\(P4Q!_Y3PI0A>:YDFM4'2]!A+>76:Y\*6F3?+P:2HSAB!S
MK1FY!#5RN@RU.2]>3&X/FWHN"Q0.ST_\J)]&AHO#//;3@<37#?J'3@@7<7Y<
MKY'G]"G3^[:3+WDF>L[&DB*$,RI;NN#L;%9.M[P%2B/1?0$U63SS=VI ?DYH
MAA+18G1U8:$WPO.V43K4 IO, HJQ41(:@6!W']V8<S*TA:9RKD6>8IUHD:CL
M2S!S?N=!)HI<KSW;<+5P:K+0S:&5YCDP>3)E]P':F$;U:@$L_\KHQM35+XZ/
M95[SY)AN"KJ@#*VY/WWCZ,[M5$0]5VH_ 6.Z2.]J0M</G.ZI.B59J!HTXRDF
MN%P)APB3&5^$&HH4EVRY(-_##L\_;5TQ=>K! 'QC@@BJ#--0IH4UH8+O^Q%:
MI8;'B9EHRS776:1>&Y@P-%-.'11'&=^T8S-9>C! AM@K<1"/6/*;WEL%4I#@
M8Z2YJ'?\S>]-94)SV$_?%A>D)0V"$D46I&D9?<B;?['>RU(_H<NGA^2-#G]X
MRUE*=/B*LC'EF& ,];A1. ^*^^Z4SL <@57@0D-[=G #]X!J0IIA!MJI!H$%
MA;@+,Y8-/J/"#?8^/SFFH,D-DH_XW& 31 V'1RGG4@G6?4W@4.SCL<.@2^B7
MA)TY7#@R:'D4I[&<N7AQWH H]X2+*;@_@IO.9N6#1A&_'L\^U?3YD"T?GN4J
MS5*#0E+Q11J'2KXB2'/6"^#SGN.6?GA<"7?VM43%)B%QOL!Y@-%I>IT[A)OU
MX> ,64#'.F]\_B@^XG"EE$?9LO>%36E8X/R="8_XBVDPNP0=T1\YMQQ[0%I<
MLY8EB$%>!?U1[>ZID0P'"^\;Y-5%IBA^>0(HXSP!7--HV1:NS3T-RJ]H^?VU
M$UL,(@NZ%M8#70YC/U+-H[)&M _S<KAX1YX_K[9(J^ZB&R01)^BBEE5O!(_,
MX+!>*Z_I&Z@=_69#?&C>-,6E26A"6[G$[W2.>=MG'MF>P;Y&5#?C>\Z)U2N(
MB2H<T"(MT,5-EA^3$G DQW->?"_U$1"KE+OBJL6#KNH;+_<PES-W]0Z]6F#K
MM>4-5"6*5L%\5JD+0P74)"O.N/2^OU$1YTE >\$-F\__3M-=)6[*C"=[J.D.
M&^))[&.Q0!)SXKL[/)*\>A!*JSU5#=V>C+XF69SV^7T!E. )@0CJF-GS]-_.
MQ 0V$%T3ER8;-+&5R(<Z&S/TXY3.]5%RNB<)^D ?&FNL:T1='UJ]77.W"P9E
MD^7QOD3'\36#KER+Q$N'*_A0K9 )'Y3;!I00N!;L.5$S7UPKSU%@(SL@1^=V
M'H&O""X@QY9?N3>BO/O U1.D7L7^F>=C$6C;IQ3L$W;%2_-1AG]?*G3A1M ]
MA2I78792LK2&+_)IJ-[(_>J?L?8_8^U_QMK_X6/M]C]C[2566#ZC0",(X[BN
M=]VE]M"_-C(=N1>XRM(MDQ+,.=@F"6CWE<IG=R[Q4F$"XD2UV/@_J=CWV]UB
M^H&2@Y8)PA+B1*^R:I(UT#SS0!5:\>*R%)<RF86N7T!)4J[7TZA[-G6O2%(T
ME>,K#UG0/PVP^=CUR2!&O<;C7X=]O?E[_O:7[\X)ZW+#16\V+[RF]S2*<V_3
MN9>AGBQ4/EE"]35)3-"$P0V!%B[U?>5>REO]]EFAL!7(D5_@B9%BK7_;<T$)
M;LK#LQUN@PO,Q=U2,'%@@AMB][*NS?N-HF^B_LK2"WXE2)Z'TBN&.,_]<CT=
M$!Y)(5<1S;OJ<L%(1]4_7O1['FW7XEU#MHKQKU3EIN0'-,P?:- K;V'Z,F:-
M.U=TKQU<NA%3T=,_9&/G?-49/LTY<F.O>FOQ(J(WJ5Q?KFVN)FZ" \,#H=1K
MD,8]?A#B.V29"PN,KY)\\D#IP$LZ5C(JU*QH.M$D?/AO^S/0E\^)QQ[ZLT]&
M@L_[9Y>K4= G"D$D5A1?>@W7-E8AL0JQ"JWSTXOWYW<XPZM_"X9[85\L?0'L
M/^H0Y]?O#Z]$Y_H3^>F] U3^9FYY^X0B<WWR!Q[RGX[_+U!+ 0(4 Q0    (
M ":%X5*C5--;900  !<7   0              "  0    !A;6@M,C R,3 V
M,S N>'-D4$L! A0#%     @ )H7A4E?&E-5P 0  N (  !0
M ( !DP0  &%M:"TR,#(Q,#8S,%]C86PN>&UL4$L! A0#%     @ )H7A4H1@
MTYB*!@  GSP  !0              ( !-08  &%M:"TR,#(Q,#8S,%]D968N
M>&UL4$L! A0#%     @ )H7A4B3A)=K)!P  [4\  !0              ( !
M\0P  &%M:"TR,#(Q,#8S,%]L86(N>&UL4$L! A0#%     @ )H7A4HS-P7L6
M!@  U#T  !0              ( ![!0  &%M:"TR,#(Q,#8S,%]P<F4N>&UL
M4$L! A0#%     @ )H7A4KHOOR(I%@  +-P   T              ( !-!L
M &0Q,#0U.&0X:RYH=&U02P$"% ,4    "  FA>%2]!>OV+Y]  "&>@( #P
M            @ &(,0  9#$P-#4X9&5X,3$N:'1M4$L! A0#%     @ )H7A
M4D(M0%I7$0  03X   \              ( !<Z\  &0Q,#0U.&1E>#4Q+FAT
7;5!+!08     "  ( /L!  #WP      !

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
