I am not sure what you are meaning; both of my kids are doing it today, as are my gf's kids.
It does seem that we have strayed a bit from the original question so in an attempt to get back.
(1) kid shows dad respect; And dad shows kid's respect
(2) kid stays in regular contact with dad; And dad makes a good faith effort to stay in contact with kid. One good way to start the process is to assist in move-ins and move-outs.
(3) kid gets B average; Some kids would have a hard time making a "B" average. So perhaps on a case by case basis
(4) dad gets grade reports; Fully agree!!!!
(5) get pays for any classes where he/she screws up and has to drop; Not sure I agree here as it is seldom that a kid goes through school without having to drop a class. Perhaps, allow one or two drops per four years.
(6) kid spends 50% of his time back in the home town, when in town, at dad's place; Very hard to do this as the dad may come off as very controlling. You want your kids to be an adult and by forcing this issue you may be treating them as kids.
(7) dad gets tax deduction, and kid signs paper work (driver licenses, voter registiration, using dads place as official primary abode, anything else), to support dad getting it.Again hard to enforce without appearing controlling
Would add in student must maintain a full-time academic load through the course of 8 academic semesters. Would also add that parent only pays for 8 academic semesters. Finally would add that exceptions are included for semesters spent on internships.
Finally, in states that require college to be addressed a well worded decree does cover most of the above.