perpetuities Antonyms
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Meaning of perpetuities
perpetuities
a limitation that gives rise to such a situation, eternity sense 2, the condition of a future estate limited in such a way as not to vest within the period fixed by law for the vesting of an estate, endless time, the condition of an estate limited so that it will not take effect or vest within the period fixed by law, an annuity payable forever, the quality, state, or duration of being perpetual, an estate that will not vest within the period fixed by law see also rule against perpetuities, statutory rule against perpetuities, an estate so limited, the quality or state of being perpetual, perpetual existence
perpetuities Sentence Examples
- Perpetuities are legal interests that extend indefinitely into the future.
- The law often frowns upon perpetuities, as they can tie up property indefinitely.
- The Rule Against Perpetuities limits the duration of interests in land to ensure that they do not become perpetuities.
- Courts will strike down perpetuities as void ab initio, meaning they are void from the beginning.
- A perpetuity can arise from a conveyance, a will, or a trust.
- A "wait-and-see approach" can sometimes be used to determine whether an interest is a perpetuity.
- A power of appointment can be used to avoid perpetuities.
- The Uniform Statutory Rule Against Perpetuities provides a modern approach to the Rule Against Perpetuities.
- Charitable trusts and certain other interests are exempt from the Rule Against Perpetuities.
- The common law doctrine of cy-près can be used to reform perpetuities in certain circumstances.
FAQs About the word perpetuities
a limitation that gives rise to such a situation, eternity sense 2, the condition of a future estate limited in such a way as not to vest within the period fixe
infinity,eternity, foreverness, permanence,everlasting, permanency, boundlessness, interminableness, endlessness, limitlessness
transience, transitoriness,impermanence, ephemerality,temporariness,
Perpetuities are legal interests that extend indefinitely into the future.
The law often frowns upon perpetuities, as they can tie up property indefinitely.
The Rule Against Perpetuities limits the duration of interests in land to ensure that they do not become perpetuities.
Courts will strike down perpetuities as void ab initio, meaning they are void from the beginning.
