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Abolition of Perpetuities Law, Final Report 110


The rule against perpetuities is an ancient and complex set of legal rules designed to prevent people from indefinitely tying up land and assets via successive contingent interests of title so that future generations cannot sell, mortgage or enjoy full use of the property. In 1972, Alberta reformed the worst excesses of the rule against perpetuities in our current Perpetuities Act, seeking a reasonable balance between competing interests. Following public consultation, the Alberta Law Reform […]

AREA OF LAW Administration of Justice Corporate and Commercial Property
TAGS , , , , , , ,
FORMAT Publications
FILE FR_110.pdf

March 1, 2017

Perpetuities Law: Abolish or Reform? Report 29


Perpetuities law is a complex set of legal rules designed to prevent people from indefinitely tying up land and assets for an excessive period of time so that future generations cannot deal freely with the property. But has the time come to abolish perpetuities law in Alberta? Do other modern legal rules now exist which could handle the situation better or more simply? Or should perpetuities law be retained but extensively reformed? Have your say […]

AREA OF LAW Administration of Justice Courts Procedure Property
TAGS , , ,
FORMAT Other
FILE rfd029.pdf

April 1, 2016

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