Property Ownership
Vermont's rule against perpetuities has been reformed or abolished in many respects, but traditionally prevented:
AProperty from being sold for more than 99 years
BFuture interests in property from vesting too remotely in the future✓ Correct
CTrusts from lasting more than 10 years
DEasements from running with the land
Explanation
The rule against perpetuities traditionally prevented future property interests (such as contingent remainders) from remaining unvested for an excessively long period — originally measured by 'lives in being plus 21 years.' Many states, including Vermont, have modified or abolished this rule.
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