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Anyone know why the rule against perpetuities wouldn’t apply? Also, is there anyone who could meaningfully enforce this covenant? I appreciate that you wouldn’t
by waiwai933 2y ago
Anyone know why the rule against perpetuities wouldn’t apply? Also, is there anyone who could meaningfully enforce this covenant? I appreciate that you wouldn’t necessarily want to risk it anyway, but just to ensure I understand the issue here.
- tzs 2y agoThe rule against perpetuities places some limitations on the creation of future interests in land. The kind of covenant in this case doesn't create a future interest.
- lmm 2y agoPresumably someone has a claim for damages if the covenant is violated, in which case they have a future interest in it. If no-one can enforce the covenant, well, it might as well not exist.
- freejazz 2y agoHave you bothered to research this at all or are you under the impression that arguing about it on HN will somehow make you right?