rule against perpetuities
Appearance
English
[edit]Noun
[edit]rule against perpetuities (plural rules against perpetuities)
- (law, singular only) 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.
- (law, countable, by extension) Any rule that prevents a testator or other transferor of property from controlling further transfer of his property beyond a certain length of time.
Further reading
[edit]- rule against perpetuities on Wikipedia.Wikipedia