What information must a rendition statement include?

The correct answer emphasizes the importance of accurately reporting the property owner's good faith estimate of market value in a rendition statement. This is crucial because a rendition is a declaration made by property owners to the local appraisal district regarding the property they own, including its value. The good faith estimate represents the owner's judgment of the property’s worth based on market conditions, comparable sales, and other relevant factors.

Providing this estimate helps the appraisal district establish a baseline for property valuation and ensures compliance with state regulations regarding tax assessments. The accuracy of this information directly impacts the assessed value of the property for taxation purposes, making it a key component of the rendition.

In contrast, the other options relate to specific details that do not typically form part of a property rendition statement. While taxpayer income and employee compensation records may be important for other tax-related considerations, they are not required in the context of reporting property values on a rendition. Similarly, business partnership details, although potentially relevant for property ownership structures, do not pertain directly to the valuation of the property itself and are not necessary for the rendition process. Thus, the inclusion of the good faith estimate of market value stands out as the most relevant and essential information required in a rendition statement.