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The law concerning future interests and perpetuities is complex, at times confusing, and always a challenge to students when they first come to study it. The law recognising several types of future interests: reversions, remainders and executory interests. Generally, the law discussed in this chapter applies equally to Torrens Title land and land under the general law. The exception is the rule in 'Shelly's Case'... ... A discussion of future interests is a prerequisite to understanding the rule against perpetuities. |
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