Virginia Statutes
§ 55.1-2017 — Rule against perpetuities; rule restricting unreasonable restraints on alienation
Virginia § 55.1-2017
JurisdictionVirginia
Title 55.1Property and Conveyances
Subtitle IVCommon Interest Communities
Ch. 20Horizontal Property Act
Art. 3Management of Horizontal Property Regimes
This text of Virginia § 55.1-2017 (Rule against perpetuities; rule restricting unreasonable restraints on alienation) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 55.1-2017 (2026).
Text
The rules of property law known as the rule against perpetuities and the rule restricting unreasonable restraints on alienation shall not be applied to defeat any of the provisions of this chapter or of any provisions of any master deed or lease, bylaws, or other document executed in accordance with this chapter as to the horizontal property regime. This exemption shall not apply to estates in the individual apartments.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
1966, c. 683, § 55-79.36; 2019, c. 712.
Nearby Sections
15
§ 55.1-1000
Definitions§ 55.1-1001
Limitation on applicability of chapter§ 55.1-1003
Persons who may act as a settlement agent§ 55.1-1004
Duties of settlement agents§ 55.1-1006
Choice of settlement agent§ 55.1-1007
Disclosure§ 55.1-1008
Conditions for providing escrow, closing, or settlement services and for maintaining escrow accounts§ 55.1-1009
Falsifying settlement statements prohibited§ 55.1-1009.1
Prohibition against payment or receipt of settlement services kickbacks, rebates, commissions, and other payments§ 55.1-1011
Record retention requirementsCite This Page — Counsel Stack
Bluebook (online)
Virginia § 55.1-2017, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/55.1/55.1-2017.