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Rule Against Perpetuities 3: Reforms - Uniform Statutory Rule Against Perpetuities
This lesson is an introduction to the Uniform Statutory Rule Against Perpetuities. As such, it addresses the basic concepts a first year Property student is likely to encounter when analyzing this statute.
Learning Outcomes
On completion of the lesson, the student will be able to:
- State the statutory Rule Against Perpetuities.
- Identify the elements of the statutory Rule Against Perpetuities.
- List all interests to which the statutory Rule Against Perpetuities applies.
- Recognize when interests to the statutory Rule against Perpetuities are created.
- Recognize when an interest to which the statutory Rule Against Perpetuities applies might or might not become vested.
- Determine what becomes of an interest that is not "good" under the statutory Rule Against Perpetuities.
- Compare the analytical approach under the statutory Rule against Perpetuities with that of the common law approach.