Tennessee § 66-30-106 Incorporation of agreement in instrument of transfer

Tennessee Statutes

§ 66-30-106 — Incorporation of agreement in instrument of transfer

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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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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