perpetuity

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perpetuity

Property law a limitation preventing the absolute disposal of an estate for longer than the period allowed by law
References in periodicals archive ?
Qualified real property interest: To be a qualified real property interest, a conservation easement must be "a restriction (granted in perpetuity) on the use which may be made of the real property."
"To all intents and purposes, it would lock the UK into the Customs Union and Single Market in perpetuity. "Furthermore, the paper acknowledges that the proposal, if adopted, would preclude a free trade agreement with the United States, the world's biggest market.
Alvarez said the government has been providing incentives for 50 years, 'and we are among the most generous as we, for example, grant in perpetuity a 5-percent tax on gross income earned, in lieu of all taxes, including VAT [value-added tax] and local taxes.
The lawmakers also asked the high tribunal to issue a temporary restraining order against the implementation of the extension, warning that such move would lead to 'extensions in perpetuity.'
The appeals court recognized the code does not define the phrase "protected in perpetuity," but the Commissioner's regulations elaborate on the protected-in-perpetuity requirement:
coincide year Majo"It will mean The Light Dragoon story, and its spirit, will be protected in perpetuity. Maj Gen David Rutherford-Jones
In recent years, however, the IRS has increased its scrutiny of conservation easements, generally focusing on whether the easement furthers specific conservation purposes, whether the easement would in fact be enforced in perpetuity, and whether the parties have overvalued the easement.
It is an obvious way of tying us in perpetuity into the EU.
Tenders are invited for Acquire the historic Tuscarora Academy from the Commonwealth of Pennsylvania and maintaining it in perpetuity
The pledge to maintain the Barnett Formula in perpetuity was particularly foolish and will almost certainly come back to bite David Cameron and Ed Miliband very hard on the backside.
When I tried to decide what to do with the images of me and my ex on the sites I could control, some people suggested I leave the photos alone, embrace the past and allow it to live in perpetuity. But, as I explained, what would happen when I started dating again?
The "return on reinvested assets" (r) is the rate of return that is expected to be sustained on the reinvested free-cash flows in perpetuity, after the horizon.