Rule Against Perpetuities

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August 31, 2024 4 min read Definitions
Measuring Life: Reference Point for Vesting Period Under RAP
Law Real Estate Estate Planning Legal Definitions Real Property Rule Against Perpetuities Vesting Period
Understanding the concept of Measuring Life in relation to the Rule Against Perpetuities (RAP) in property and estate law.
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August 25, 2024 3 min read Definitions
Perpetuity: Never Ending Financial Concept
Finance Economics Financial Instruments Investments Interest Rates Valuation Rule Against Perpetuities
A perpetuity is a financial instrument that pays a never-ending series of periodic payments. It is commonly used in the contexts of finance, economics, and legal frameworks such as the rule against perpetuities.
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August 25, 2024 4 min read Definitions
Rule Against Perpetuities: Legal Limitation on Property Interests
Law Real Estate Rule Against Perpetuities Property Law Legal Doctrine Real Estate Law
The Rule Against Perpetuities is a legal principle that ensures that a contingent interest in property must vest no later than 21 years after the death of a relevant measuring life, preventing indefinite control of property across generations.
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