Arkansas StatutesSubchapter 3 - Lease or Saleยง 14-199-301 - Lease or contract.ยง 14-199-302 - Sale.ยง 14-199-303 - Payment -- Bond.ยง 14-199-304 - Deed of conveyance -- Satisfaction of lien.ยง 14-199-305 - Use of down payment.ยง 14-199-306 - First opportunity to purchase -- Notice.