Indiana Code Title 32. Property § 32-25-7-3

(1) an explicit reservation of an option to contract the condominium;

(2) a statement of any limitations on the option to contract the condominium;

(3) a date, not later than ten (10) years after the recording of the declaration, upon which the option to contract the condominium will expire;

(4) a statement of any circumstances that will terminate the option to contract the condominium before the expiration date referred to in subdivision (3);

(5) a legally sufficient description of all withdrawable land;

(6) a statement as to whether portions of the withdrawable land may be withdrawn from the condominium at different times;  and

(7) a statement of any limitations: