rule against perpetuities

noun

  • Real Estate Law
  • Common law systems

Definitions of rule against perpetuities

  • a rule of law that limits the duration of a trust

    The rule against perpetuities is, in effect, an overall time limit within which any direction by the settlor must take effect.

This is a limited preview — please sign in or subscribe to learn everything we know about the term “rule against perpetuities”.

Phrase Bank for rule against perpetuities

Additional Notes for rule against perpetuities