Section 66-30-106 - Incorporation of agreement in instrument of transfer

A ground rent agreement, made pursuant to this chapter, may be incorporated into the deed, ground lease, or other instrument of transfer in the following form:This deed is subject to annual ground rent or charge as follows:1. Date of agreement;2. Parties: Obligor ______________Obligee ______________;3. Ground rent and any future adjustments to it;4. When payable;5. Duration;6. Redemption price, if agreed on.Acts 1980, ch. 735, § 1; T.C.A., § 64-3006.