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 classic literature ?
The reader will easily believe, that from what I had hear and seen, my keen appetite for perpetuity of life was much abated.
But if the destruction of the Union by one or by a part only of the States be lawfully possible, the Union is LESS perfect than before the Constitution, having lost the vital element of perpetuity.
The lover seeks in marriage his private felicity and perfection, with no prospective end; and nature hides in his happiness her own end, namely, progeny, or the perpetuity of the race.
The old woman had already made her will, and Lizaveta knew of it, and by this will she would not get a farthing; nothing but the movables, chairs and so on; all the money was left to a monastery in the province of N , that prayers might be said for her in perpetuity. Lizaveta was of lower rank than her sister, unmarried and awfully uncouth in appearance, remarkably tall with long feet that looked as if they were bent outwards.
Before the amendment through ordinance in 2002, the Section 4(b)(ii) of the Act stated, 'The tax shall not be leviable in respect of the buildings and lands other than those leased in perpetuity; owned or administered by a local authority when used exclusively for public purposes and not used or intended to be used for purposes of profit.'
"The only guarantee of protection from future development of the greater battlefield of Culloden, from Viewhill Farm to Chulchunaig, and Blackpark Farm to Faebuie is ownership by a protective organisation which can hold it in trust in perpetuity."
The authority's requirement for a site like this would be that 17% of the properties would be affordable in perpetuity, so, of the 61 total, 10 or 11 would be affordable - four or five for rent and the remainder for affordable home ownership.
You can't have a Normalisation Committee in perpetuity, it is not right.
CARDIFF council is handing two central city parks to a trust that will manage them in perpetuity.
A series of long extensions makes the duration of martial law in 'virtual perpetuity,' Lagman added.
class="MsoNormalIN PERPETUITY class="MsoNormalSince the suggestions sound so ludicrous even to the President himself, the politicians have attempted to come up with economic justifications based on figures pulled right out of a hat to indicate that their constituencies are responsible for most of our national growth and must therefore always be represented at the core of the Executive'.
One form of a qualified real property interest is a restriction (granted in perpetuity) on the use that may be made of the real property (Sec.