Arkansas Real Estate Practice Exam 2025 - Free Real Estate Practice Questions and Study Guide

Question: 1 / 400

What information is required on a tenant's ledger for each unit?

Tenant's name, legal description, or unique identifier

The other options are incorrect because they refer to either general tenant information, such as number of occupants and pets, or supplementary information, such as employment and references. While these types of information may also be important to keep track of, they are not specifically required for each unit on a tenant's ledger. The only essential details that must be recorded for each unit are the tenant's name, legal description, or unique identifier, as this information is necessary for proper documentation and record-keeping.

Get further explanation with Examzify DeepDiveBeta

Number of occupants, pets, and lease term

Monthly rent amount and security deposit value

Tenant's employment information and references

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy