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Real Estate > Restraint Of Alienation

The following information is about Restraint Of Alienation.

Restraint Of Alienation Defined

Restrictions placed against the transfer (vesting) or sale of property. Certain restriction are lawful but must conform to the rule against perpetuities and the free right of an owner to sell. You could not sell on the condition that the grantee could only resell to a member of a certain family as this would be too restrictive.

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