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Simple English definitions for legal terms

Rule Against Perpetuities

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A quick definition of Rule Against Perpetuities:

The Rule Against Perpetuities is a law about property that says if someone wants to own land, they have to own it within 21 years after someone who is alive when they first want to own it. This rule is hard to understand, so some places have changed it or gotten rid of it completely.

A more thorough explanation:

The Rule Against Perpetuities is a legal principle that applies to property ownership. It states that any interest in land is only valid if it must be vested within 21 years after the death of a person who was alive when the interest was created. This means that any interest in land that may not be vested within this time frame is considered invalid.

For example, if a person creates a will that leaves their property to their grandchildren, but only if they graduate from college, this condition may not be valid under the Rule Against Perpetuities. If one of the grandchildren does not graduate from college until 25 years after the death of the person who created the will, then the condition would not be valid.

The purpose of the Rule Against Perpetuities is to prevent property from being tied up in legal limbo for an indefinite period of time. It ensures that property can be bought, sold, and transferred without any legal complications.

Rule 506 | Rule in Shelley's case

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ParallelAgreeableOrangutan
17:22
@JupitersMoons: !!! crossing fingers for you
17:42
yes i did thank u all for believing in me
17:50
hey chat!
17:50
@bigfatsloth: there she is ;)
Mostlylegal
18:04
Another day another no A
Yeah i got shit on last week so weird to go crickets this week
@ParallelAgreeableOrangutan: also ty I just sent a LOCI in email form. hope they don't hate it lmfao
18:05
Penn Dick gave me the R
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18:06
Penn gon Carry u to meat market that is the legal career field
18:06
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18:14
Notre Dame is crushing my soul
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So excited every Friday
NosyBeagle
18:20
i talked to such a nice rep for penn dick like years ago and i put them on my list
NosyBeagle
18:20
God bless that lady
Mostlylegal
18:34
Legit makes no sense that nd has accepted literally nobody still
18:35
manybe ND is taking a sabbatical?
got a gw wl->A!!!
NosyBeagle
18:46
yay! congrats
nice kiwi!!!!!
is that your first a?! :D
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ugh so stoked for you
Did they give you scholly information???\
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(not gendered) girl CONGRATS
you gonna go? :D
yeah I think so!! my goal was either nyc or dc so im super happy w it
so stoked for you. congrats. i imagine your previous decisions had been a little crushing. very happy your app got the recognition it deserved
18:55
@RoyalReadyKiwi: lessgo stay winning :D awesome work!!!
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