F**k the Rule Against Perpetuities! Forum
- DeSimone
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F**k the Rule Against Perpetuities!
... that is all
- Cupidity
- Posts: 2214
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Re: Fuck the Rule Against Perpetuities!
As long as you aren't fucking too remotely,
+1
+1
-
- Posts: 946
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Re: Fuck the Rule Against Perpetuities!
We spent a day on the RAP and it won't be on our final.
-
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- Joined: Mon May 25, 2009 5:14 pm
Re: Fuck the Rule Against Perpetuities!
anyone know where I can get some good RAP practice problems with multiple and complex conveyances? Are there any good supplements?
1/2 my final is a complex set of conveyances where I need to apply the RAP...
1/2 my final is a complex set of conveyances where I need to apply the RAP...
-
- Posts: 408
- Joined: Tue Apr 13, 2010 6:47 pm
Re: Fuck the Rule Against Perpetuities!
I bought this book and worked through most of it already. http://www.amazon.com/Estates-Land-Futu ... 147&sr=1-1Headybrah wrote:anyone know where I can get some good RAP practice problems with multiple and complex conveyances? Are there any good supplements?
1/2 my final is a complex set of conveyances where I need to apply the RAP...
Be careful because your professor may include or exclude some of the stuff in the book. Altogether, it's an almost annoyingly thorough recap of a subject, which is how I like my supplements.
IMO this whole easement, servitudes, covenants business is way more tricky than RAP.
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- DeSimone
- Posts: 374
- Joined: Mon Mar 29, 2010 4:49 pm
Re: Fuck the Rule Against Perpetuities!
also, more suggestions here: http://www.top-law-schools.com/forums/v ... 3&t=147420Headybrah wrote:anyone know where I can get some good RAP practice problems with multiple and complex conveyances? Are there any good supplements?
1/2 my final is a complex set of conveyances where I need to apply the RAP...
-
- Posts: 351
- Joined: Sat Dec 06, 2008 8:02 pm
Re: Fuck the Rule Against Perpetuities!
"Of the California law on perpetuities and restraints it has been said that few, if any, areas of the law have been fraught with more confusion or concealed more traps for the unwary draftsman; that members of the bar, probate courts, and title insurance companies make errors in these matters...n view of the state of the law relating to perpetuities and restraints on alienation and the nature of the error, if any, assertedly made by defendant in preparing the instrument, it would not be proper to hold that defendant failed to use such skill, prudence, and diligence as lawyers of ordinary skill and capacity commonly exercise." 56 Cal.2d 592
If only this was still good law.
If only this was still good law.
- danquayle
- Posts: 1110
- Joined: Tue Dec 09, 2008 2:12 am
Re: Fuck the Rule Against Perpetuities!
best law of all.
- savagedm
- Posts: 392
- Joined: Mon Jun 02, 2008 2:51 am
Re: Fuck the Rule Against Perpetuities!
Here's a shortcut that has helped me immensely: line up all the named parties (i.e. to B) and all the unascertainable parties (to B's children) then see if they can possibly have the interest vested within 21 years after the named parties die... if so, then in a modern Jx. then it is still good based on the wait and see approach. Under common law, it MUST vest, there can be no wiggle room.
- soaponarope
- Posts: 169
- Joined: Thu Jan 21, 2010 9:02 pm
Re: Fuck the Rule Against Perpetuities!
It doesn't have to vest... it can also "fail" to vest w/in the 21 yrd period and be a valid interest. The rule is: no interest is good unless it must vest, if at all, not later than 21 yrs after blah blah blah. Which means: an interest is invalid unless it can be said with absolute certainty, that it will either vest or fail to vest before the 21 yr period runs.savagedm wrote:Here's a shortcut that has helped me immensely: line up all the named parties (i.e. to B) and all the unascertainable parties (to B's children) then see if they can possibly have the interest vested within 21 years after the named parties die... if so, then in a modern Jx. then it is still good based on the wait and see approach. Under common law, it MUST vest, there can be no wiggle room.
If you are certain the interest will fail to vest within 21 yrs, it will not violate the RAP, however, it will violate the contingency (but that is not the issue in RAP).
- savagedm
- Posts: 392
- Joined: Mon Jun 02, 2008 2:51 am
Re: Fuck the Rule Against Perpetuities!
Yeah that's kind of what I was trying to say but I'm home for the break and a little hung over >< thanks for clarifying hahasoaponarope wrote:It doesn't have to vest... it can also "fail" to vest w/in the 21 yrd period and be a valid interest. The rule is: no interest is good unless it must vest, if at all, not later than 21 yrs after blah blah blah. Which means: an interest is invalid unless it can be said with absolute certainty, that it will either vest or fail to vest before the 21 yr period runs.savagedm wrote:Here's a shortcut that has helped me immensely: line up all the named parties (i.e. to B) and all the unascertainable parties (to B's children) then see if they can possibly have the interest vested within 21 years after the named parties die... if so, then in a modern Jx. then it is still good based on the wait and see approach. Under common law, it MUST vest, there can be no wiggle room.
If you are certain the interest will fail to vest within 21 yrs, it will not violate the RAP, however, it will violate the contingency (but that is not the issue in RAP).
- PitchO20
- Posts: 159
- Joined: Thu Jan 21, 2010 12:35 pm
Re: Fuck the Rule Against Perpetuities!
I really lucked out. The RAP isn't being covered in my property course this semester. We don't cover it until Wills and Trusts. Probably detrimental to my legal education, but I don't care. That shit looks rough.
- blerg
- Posts: 191
- Joined: Tue Feb 02, 2010 12:52 pm
Re: Fuck the Rule Against Perpetuities!
This is what our prof. taught us. Except her words were "kill everyone off. Did it vest or fail? yes, fine. No, it violates the rule"soaponarope wrote:It doesn't have to vest... it can also "fail" to vest w/in the 21 yrd period and be a valid interest. The rule is: no interest is good unless it must vest, if at all, not later than 21 yrs after blah blah blah. Which means: an interest is invalid unless it can be said with absolute certainty, that it will either vest or fail to vest before the 21 yr period runs.savagedm wrote:Here's a shortcut that has helped me immensely: line up all the named parties (i.e. to B) and all the unascertainable parties (to B's children) then see if they can possibly have the interest vested within 21 years after the named parties die... if so, then in a modern Jx. then it is still good based on the wait and see approach. Under common law, it MUST vest, there can be no wiggle room.
If you are certain the interest will fail to vest within 21 yrs, it will not violate the RAP, however, it will violate the contingency (but that is not the issue in RAP).
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- YourCaptain
- Posts: 721
- Joined: Sun Feb 13, 2011 11:26 pm
Re: Fuck the Rule Against Perpetuities!
This is the key to working through a RAP problem, not even kidding.blerg wrote:
This is what our prof. taught us. Except her words were "kill everyone off. Did it vest or fail? yes, fine. No, it violates the rule"
- DeSimone
- Posts: 374
- Joined: Mon Mar 29, 2010 4:49 pm
Re: Fuck the Rule Against Perpetuities!
At what point exactly do you kill everyone? Sorry, too burnt out to think right now.YourCaptain wrote:This is the key to working through a RAP problem, not even kidding.blerg wrote:
This is what our prof. taught us. Except her words were "kill everyone off. Did it vest or fail? yes, fine. No, it violates the rule"
O to A for life, then to A’s children for life, then to A’s grandchildren who survive their parents.
- YourCaptain
- Posts: 721
- Joined: Sun Feb 13, 2011 11:26 pm
Re: Fuck the Rule Against Perpetuities!
You didn't specify who's alive, so I'm assuming only A is alive.DeSimone wrote:At what point exactly do you kill everyone? Sorry, too burned out to think right now.YourCaptain wrote:This is the key to working through a RAP problem, not even kidding.blerg wrote:
This is what our prof. taught us. Except her words were "kill everyone off. Did it vest or fail? yes, fine. No, it violates the rule"
O to A for life, then to A’s children for life, then to A’s grandchildren who survive their parents.
O dies, A activates. For kicks, A impregnates B, A suffers heart attack, dies, measuring life (A's) extinguished. Now 21 years in play.
Will we know in 21 years if A's grandchildren survive A's children? Maybe, maybe not.
At A's death, even if A didn't have children, we'd know who they were; A's death seals the door, so to speak, so he's either got them or he doesn't, so (I'm fairly sure) they're ok.
Someone please correct if I'm off.
edit - for purposes of the hypo, it becomes A to life, A's Cs to life, reverts to O after A's C's death.
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- Joined: Mon Dec 28, 2009 3:22 pm
Re: Fuck the Rule Against Perpetuities!
It is quite easy.
Day one- the grant.
Day 2- afterborn child who can get the grant.
Day 3- kill everyone alive on day 1.
If we will know within 21 years whether it will vest, it is fine.
Day one- the grant.
Day 2- afterborn child who can get the grant.
Day 3- kill everyone alive on day 1.
If we will know within 21 years whether it will vest, it is fine.
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- blerg
- Posts: 191
- Joined: Tue Feb 02, 2010 12:52 pm
Re: Fuck the Rule Against Perpetuities!
She told us to use named people in the conveyance. So A is the only named person. When A dies, is it certain that it will vest/fail in A's grandkids in 21 years? No.DeSimone wrote:At what point exactly do you kill everyone? Sorry, too burnt out to think right now.YourCaptain wrote:This is the key to working through a RAP problem, not even kidding.blerg wrote:
This is what our prof. taught us. Except her words were "kill everyone off. Did it vest or fail? yes, fine. No, it violates the rule"
O to A for life, then to A’s children for life, then to A’s grandchildren who survive their parents.
If it was O to A for life, then to A's son B for life and then to his children. Kill A and B at the same time. Will it vest/fail in B's kids? Yes.
- DeSimone
- Posts: 374
- Joined: Mon Mar 29, 2010 4:49 pm
Re: Fuck the Rule Against Perpetuities!
Thanks guys. That's pretty much how I've been doing it. Maybe without picturing myself shooting people in the faces. That's why it was so boring.
- blerg
- Posts: 191
- Joined: Tue Feb 02, 2010 12:52 pm
Re: Fuck the Rule Against Perpetuities!
It gets better when your prof kills off your classmates in a problem. Honestly, prop. has been riveting lately.DeSimone wrote:Thanks guys. That's pretty much how I've been doing it. Maybe without picturing myself shooting people in the faces. That's why it was so boring.
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- Posts: 97
- Joined: Mon Feb 22, 2010 10:05 pm
Re: Fuck the Rule Against Perpetuities!
The first thing I thought when I read your post was "Well, when does the fucking vest?"Cupidity wrote:As long as you aren't fucking too remotely,
+1
Spring break could not possibly come at a better time.
edit - replied to the wrong post, my bad
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- solotee
- Posts: 481
- Joined: Thu Apr 09, 2009 5:20 pm
Re: Fuck the Rule Against Perpetuities!
RAP anecdote:
On one of my call backs, a partner asked me what the RAP was. I am so glad my professor made us memorize the rule.
Needless to say, got an offer on the spot.
Lesson: memorize the RAP!
On one of my call backs, a partner asked me what the RAP was. I am so glad my professor made us memorize the rule.
Needless to say, got an offer on the spot.
Lesson: memorize the RAP!
- TCScrutinizer
- Posts: 497
- Joined: Sun Sep 13, 2009 11:01 pm
Re: Fuck the Rule Against Perpetuities!
"No interest is good unless it must vest, if at all, not later than 21 years after the death of some life in being at the creation of the interest" got you a job?solotee wrote:RAP anecdote:
On one of my call backs, a partner asked me what the RAP was. I am so glad my professor made us memorize the rule.
Needless to say, got an offer on the spot.
Lesson: memorize the RAP!
Damn.
And if the RAP is hard, I clearly need to pursue property law as a career path.
-
- Posts: 4249
- Joined: Tue Dec 02, 2008 3:23 am
Re: Fuck the Rule Against Perpetuities!
The RAP is so hard that it's not malpractice in California for a lawyer to screw it up. If you didn't think it was hard, then you were being fed softball questions.TCScrutinizer wrote:"No interest is good unless it must vest, if at all, not later than 21 years after the death of some life in being at the creation of the interest" got you a job?solotee wrote:RAP anecdote:
On one of my call backs, a partner asked me what the RAP was. I am so glad my professor made us memorize the rule.
Needless to say, got an offer on the spot.
Lesson: memorize the RAP!
Damn.
And if the RAP is hard, I clearly need to pursue property law as a career path.
- fatduck
- Posts: 4135
- Joined: Mon Sep 13, 2010 10:16 pm
Re: Fuck the Rule Against Perpetuities!
fuck it forever and ever
Seriously? What are you waiting for?
Now there's a charge.
Just kidding ... it's still FREE!
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