Incorporation of Agreement in Instrument of Transfer

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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.


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