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LEGAL TERMS - Rule Against Perpetuities

Legal Terms - Rule Against Perpetuities

Rule Against Perpetuities information:  An old English rule that required an interest in real property must vest, if at all, within 21 years, plus a gestation period, of lives in being at the time of the creation of the interest.  The rule still hold today.  This is a difficult concept means to limit control from the grave.  It prevents future divestment of property.   



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