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.