Rule Against Restraints on Alienation

Question 1

Rule

Answer 1

any restriction on the transferability of a legal (as opposed to equitable) interest is void

Question 2

Three types of restraints on alienation

Answer 2

1) disabling restraints
2) forfeiture restraints
3) promissory restraints

Question 3

Disabling restraint

Answer 3

Attempted transfers are ineffective

Question 4

forfeiture restraints

Answer 4

An attempted transfer forfeits the interest

Question 5

Promissory restraints

Answer 5

an attempted transfer breaches a covenant

Question 6

Discriminatory restraints

Answer 6

Impermissible.

basis of race, religiion, ethnicity.