(1) CONTENTS. The department may not enter into a farmland preservation agreement unless the agreement does all of the following: (a) Specifies a term of at least 10 years. (b) Includes a correct legal description of the tract of land covered by the farmland preservation agreement. (c) Includes provisions that restrict the tract of land to the following uses: 1. Agricultural uses and accessory uses. 2. Undeveloped natural resource and open space uses. (2) FORM. The department shall specify a form for farmland preservation agreements that complies with s. 59.43 (2m). (3) EFFECTIVENESS. A farmland preservation agreement takes effect when it is signed by all owners of the land covered by the farmland preservation agreement and by the department. (4) RECORDING. The department shall provide a copy of a signed farmland preservation agreement to a person designated by the signing owners and shall promptly present the signed agreement to the register of deeds for the county in which the land is located for recording. (5) CHANGE OF OWNERSHIP. A farmland preservation agreement is binding on a person who purchases land during the term of a farmland preservation agreement that covers the land.
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