SECTION 55-79.06. Incorporation of agreement into deed

A ground rent agreement, made pursuant to the provisions of this article, 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:

Obligor --
Obligee --

3. Ground rent and any future adjustments to it:

4. When payable:

5. Duration:

6. Original value of land:

7. Redemption price, if agreed on.

1975, c. 363.