Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Home / Legal / What is rule against perpetuity under transfer of property act?
Q.

What is rule against perpetuity under transfer of property act?

view 132Views

2 Year

Comment

2 Answers

The maximum time period beyond which property cannot be transferred is capped by Section 14 of the Transfer of Property Act. This is the most straightforward justification for the rule against perpetuity. If you need lawyer in delhi then, visit;

Mutual Consent Divorce In Delhi

0 2022-09-02T10:53:45+00:00

The Section 14, Rule against perpetuity under Transfer of Property Act limits the maximum time period beyond which property cannot be transferred. This is the simplest explanation for

rule against perpetuity meaning. 

“Starting from the date that the transferor transfers the property + lifetime of the last prior interest holder’s + gestation period of the unborn beneficiary + 18 years”

The vesting of the property in the transferee cannot be postponed beyond this limit. 

Get your legal issues addressed by experts. Contact legal experts here

I hope you have clarity on the rule against perpetuity in property law now.

Read more:

What is transfer for benefit of unborn person What is part performance in Transfer of Property Act

Most Viewed Questions

Recently Published Questions

Flat 25% off on Home Interiors

Premium Material with Quality Assurance and 10 Years Warranty