What is the consequence of triggering the "Rule Against Perpetuities"?

The Rule Against Perpetuities is a legal doctrine that addresses the validity of certain future interests in property. Its main purpose is to prevent the indefinite postponement of the transfer of property rights, which can lead to uncertainty and instability in property ownership.

When the rule is triggered, it results in the invalidation of certain future interests that are deemed to violate the rule's limits on the duration of those interests. Specifically, the rule states that a future interest must vest, if at all, within a certain period, typically measured by the lifetime of a person plus twenty-one years. If there is any possibility that the interest could vest outside of this time frame, it becomes invalid. This ensures that property remains transferrable and does not become tied up indefinitely, which aligns with the underlying objectives of property law to promote clear ownership and facilitate commerce.

The other options do not accurately reflect the implications of the Rule Against Perpetuities. For instance, property taxes are unrelated to the timing or validity of future interests. Similarly, while disputes over property ownership can happen for various reasons, the rule specifically targets the validity of future interests, not the length or nature of disputes. Lastly, the creation of new property rights is not a consequence of this rule;