                                 CODE OF VIRGINIA

INCORPORATION OF AGREEMENT INTO DEED (§ 55.1-1505)

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: ______.

HISTORY: 1975, c. 363, § 55-79.06; 2019, c. 712.