The only interest of a partner which is transferable is the partner's transferable interest. A transferable interest is personal property.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Chapter 47 - Uniform Limited Partnership Act (2001)
Subchapter 7 - Transferable Interests and Rights of Transferees and Creditors
§ 4-47-701. Partner's transferable interest
§ 4-47-702. Transfer of partner's transferable interest