Rule Against Restraints on Alienation Flashcards

1
Q

Four types of restraints on alienation and whether they’re valid:

A

1) disabling restraints (attempted transfers are ineffective) = VOID
2) forfeiture restraints (attempted transfer forfeits the interest) = MAYBE VALID
3) promissory restraints (attempted transfers breach a covenant) = MAYBE VALID
4) discriminatory restraint (race, religion, etc) = VOID

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