Tennessee Code 66-30-106 – 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:
Terms Used In Tennessee Code 66-30-106
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Obligor ______________
Obligee ______________;