Real Property I
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Real Property I
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Private Flashcard From Real Property I
Question:
Perpetuities Savings Clause
Answer:
Example: \"To A and his heirs so long as.....; and if ______ occurs during the life time of A or B, or within 21 years after the death of the survivor of A or B, then in that event title goes to B and his heirs\"In order for an interest to become possessory, the condition must occur within A or B\\\'s lifetime OR within 21 years of whichever lives longest.Function is to save a grant from violating RAP by making sure an interest vests within the time required by RAP.