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rule against perpetuities

Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. The rule that prevents a testator or other transferor of property from controlling further transfer of his property more than twenty-one years after the death of anyone alive at the time of the original transfer who may have some interest in the transfer.
  • n. Any rule that prevents a testator or other transferor of property from controlling further transfer of his property beyond a certain length of time.

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