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2019 Tennessee Code
Title 66 - Property
Chapter 30 - Residential Ground Rent Act
§ 66-30-106. Incorporation of agreement in instrument of transfer.
Universal Citation: TN Code § 66-30-106 (2019)
- 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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