(2) An instrument described in subsection (1) of this section shall contain:
(a) The parties’ names;
(b) A legal description of the real property involved;
(c) The nature of the interest created;
(d) The consideration paid for the transfer; and
(e) The terms or conditions, if any, under which the interest may be revised or terminated.
(3) As used in this section, "wind energy conversion system" means any device, supporting structure, mechanism or series of mechanisms that uses wind for the production of electricity or a mechanical application. [1981 c.590 §4]