Property Ownership

Idaho's 'Rule Against Perpetuities' relates to:

AHow long property taxes can be assessed
BLimiting the duration of certain future interests in property to prevent indefinite restrictions on land✓ Correct
CWater rights that can never expire
DHOA rules that last forever

Explanation

The Rule Against Perpetuities (now modified in many states) limits the duration of future property interests to prevent indefinite restrictions on the use and transferability of land, ensuring property can eventually be freely alienated.

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