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A restraint on alienation, in the law of real property, is a clause used in the conveyance of real property that seeks to prohibit the recipient from selling or otherwise transferring their interest in the property. Under the common law such restraints are void as against the public policy of allowing landowners to freely dispose of their ...
In property law, alienation is the voluntary act of an owner of some property to dispose of the property. Alienability is the quality of being alienable , i.e., the capacity for a piece of property or a property right to be sold or otherwise transferred from one party to another.
The rule against perpetuities is closely related to another doctrine in the common law of property, the rule against unreasonable restraints on alienation. Both stem from an underlying principle or reference in the common law disapproving of restraints on property rights. [4]
The Rule in Shelley's Case is a rule of law that may apply to certain future interests in real property and trusts created in common law jurisdictions. [1]: 181 It was applied as early as 1366 in The Provost of Beverly's Case [1]: 182 [2] but in its present form is derived from Shelley's Case (1581), [3] in which counsel stated the rule as follows:
However, while a violation of the rule against perpetuities is also a violation of the rule against unreasonable restraints on alienation, the reciprocal is not true. [3] As one has stated, "The rule against perpetuities is an ancient, but still vital, rule of property law intended to enhance marketability of property interests by limiting ...
Alienation (property law) ... Profit (real property) Property restitution in Poland; ... Restraint on alienation; Reversion (law) Right of conquest;
Veronica Filipowski first sought $20 million in her alienation of affection lawsuit, arguing that her marriage to former Winston-Salem Dash baseball team owner Andrew “Flip” Filipowski had ...
An unreasonable restraint on alienation occurs when a clause or provision is recorded against title to real property that purports to prohibit the owner of the property from selling or otherwise transferring his interest in the property in such a way as to significantly reduce the pool of potential buyers, thus impairing the general ...