A ground rent agreement made pursuant to the provisions of this chapter may be incorporated into the deed 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: a. Obligor: ______; and b. Obligee: ______; 3. Ground rent and any future adjustments to it: ______; 4. When payable: ______; 5. Duration: ______; 6. Original value of land: ______; and 7. Redemption price, if agreed on: ______. 1975, c. 363, § 55-79.06; 2019, c. 712.
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