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What subject does section 14 of the Transfer of Property Act, 1882 govern?

Section 14 is the rule against perpetuity. It limits postponement of the vesting of an interest created by transfer to the statutory period measured by relevant lives in…

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What subject does section 14 of the Transfer of Property Act, 1882 govern?

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Correct answer C

Section 14 is the rule against perpetuity. It limits postponement of the vesting of an interest created by transfer to the statutory period measured by relevant lives in being and the minority of the eventual beneficiary.

Option feedback

Option A

Section 25 begins the Act's separate treatment of conditions attached to transfers.

Option B

Section 19 addresses vested interests.

Option C

Section 14 restricts how far into the future an interest created by transfer may take effect.

Option D

Section 40 addresses restrictions on use and related obligations that may bind certain transferees.

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