Section 14 of the Transfer of Property Act, 1882 deals with
Section 14 is the rule against perpetuity: an interest cannot be postponed beyond the permitted life or lives in being and the minority of a person in existence at expiry of…
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Section 14 of the Transfer of Property Act, 1882 deals with
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Correct answer C
Section 14 is the rule against perpetuity: an interest cannot be postponed beyond the permitted life or lives in being and the minority of a person in existence at expiry of that life period to whom the interest is to belong. It concerns vesting beyond that limit, not simply every long-lasting property arrangement.
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