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D.C. Code § 42-2026

Rule against perpetuities and rule against unreasonable restraints on alienation not applicable to horizontal property regimes; exception for individual units

Known as the Horizontal Property Act

The act spans §§ 42–42 (31 sections).

Dec. 21, 1963, 77 Stat. 460, Pub

The rule of property known as the rule against perpetuities, and the rule of property known as the rule restricting unreasonable restraints on alienation, §§ 42-302 and 42-304 [repealed], shall not be applied to defeat any of the provisions of this subchapter, or of any declaration, bylaws, or other document executed in accordance with this subchapter as to the condominium project. This exemption shall not apply to estates in the individual condominium units.

Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.