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Rule against perpetuities

Noun

Definitions

1.NounThe 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.
2.NounAny rule that prevents a testator or other transferor of property from controlling further transfer of his property beyond a certain length of time.

Synonyms

perpetuityslayer rulepreheritancestatute of reposetailterm of yearslapselimitationterm of years absolutewrit of prohibitionliferenttermer
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