⚖️ RULE AGAINST PERPETUITY – Explained Simply!
Are you preparing for LLB exams or judiciary? This is one of the most important topics under the Transfer of Property Act, 1882 (Section 14).
📚 What is the Rule Against Perpetuity?
No transfer of property can create an interest that takes effect beyond:
✔️ Lifetime of living person(s)
✔️ Plus the minority of a person in existence at that time
The law ensures that property is not tied up indefinitely and remains commercially useful.
✨ Important Exceptions to Remember:
1️⃣ Benefit of Public (Charitable purposes)
2️⃣ Personal Agreements
3️⃣ Covenants for Pre-emption
4️⃣ Covenants Running with Land
5️⃣ Charge
6️⃣ Mortgage
7️⃣ Corporation Holdings
8️⃣ Payment of Debts
9️⃣ Direction for Accumulation
🎯 These exceptions are frequently asked in exams and viva!
If you’re serious about mastering Property Law, make sure you understand both the rule and its exceptions clearly.
📞 For LLB Classes & Notes: 9591573526 / 9972799641
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