Simple English definitions for legal terms
Read a random definition: BEP
The rule against inalienability means that property cannot be made impossible to transfer or sell. This is also known as the rule against trusts that last forever. It is different from the rule against perpetuities, which limits how long a trust can last.
Definition: The rule against inalienability is a principle that states that property cannot be made nontransferable. It is also known as the rule against trusts of perpetual duration. This means that property cannot be tied up in a trust forever, and must be able to be transferred or sold at some point.
Examples:
The examples illustrate how the rule against inalienability works. The first example shows how a trust that makes property nontransferable violates the rule, while the second example shows how a trust that allows for transfer after a certain amount of time does not violate the rule.
rule against accumulations | rule against pyramiding inferences