Under Arkansas law, what information must be included in a property lease agreement?

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In a property lease agreement in Arkansas, it is essential to include the names of the parties involved, as well as the address of the property being leased. This information is fundamental because it establishes who is entering into the lease and precisely where the lease is applicable. Including the names ensures that all parties are clearly identified, and mentioning the property address gives context to the lease agreement, defining the location that is subject to the terms of the lease.

The other options do not align with the essential elements required for a lease agreement. For example, including a social security number would not typically be necessary or appropriate in a residential lease, as it can raise privacy and security concerns. Similarly, the estimated market value of the property and the realtor's commission percentage are not requirements for a lease agreement; instead, they may be relevant in specific contexts like sales or professional agreements, not for standard leasing purposes. Thus, ensuring the lease includes the parties' names and property address forms a critical basis for the validity and enforceability of the lease agreement in Arkansas.