Grave consequences
Wilson, Christine
Grave consequences - 2007 - Estates Gazette (0735) 1 September 2007, 134-135(2) .
Mainly for Students article deals with the rule against perpetuities. This specifies that a contingent interest in a property becomes void if it does not come into being within the perpetuity period. The rule may affect the validity of easements and rights of way, options and rights of pre-emption. A property deal which fails to take the rule into account may be invalidated. It is not held to apply to a tenant?s right to buy. The rule commonly applies to rights to services yet to be constructed.
PERPETUITIES AND ACCUMULATIONS ACT 1964
LAW OF PROPERTY ACT 1922
England and Wales--1543-
Grave consequences - 2007 - Estates Gazette (0735) 1 September 2007, 134-135(2) .
Mainly for Students article deals with the rule against perpetuities. This specifies that a contingent interest in a property becomes void if it does not come into being within the perpetuity period. The rule may affect the validity of easements and rights of way, options and rights of pre-emption. A property deal which fails to take the rule into account may be invalidated. It is not held to apply to a tenant?s right to buy. The rule commonly applies to rights to services yet to be constructed.
PERPETUITIES AND ACCUMULATIONS ACT 1964
LAW OF PROPERTY ACT 1922
England and Wales--1543-