Restriction on the ability to convey real property interests; any attempt to restrict alienation was in derogation of the common law public policy favoring free alienability; interests thus created were void or voidable as an unlawful restraint on alienation. Although fees on condition subsequent and fee simple determinables are, in general, permissible estates, a condition which states, “but if any attempt is made to alienate the land, the grantor and his heirs reserve the right to re-enter and declare the estate forfeit,” would be against the policy. As a consequence, a rule exists which requires that there be a person capable of transferring absolute interest in possession within a certain period of time. See 201 P. 2d 69, 73. See alienation, rule against perpetuities. In estates created by short-term leases, however, such restraints are permissible. The determination of validity is based upon the nature and quality (duration) of the restraint, the type of estate in question, and the penalty imposed for violation of the restraint. http://en.wikipedia.org/wiki/Restraint_on_alienation


  • 4/10/2019
HOA Blocks $1 Sale of Timeshare
https://www.courthousenews.com/hoa-blocks-1-sale-of-timeshare/ EAGLE, Colo. (CN) – A woman sued the owners association of her Colorado timeshare for blocking her sale of her one-week-a year for $1 on eBay, which she says is all she could get for the place. ...
  • 1/16/2019
"Better Business Bureau" BBB ? Hamas Gets A+ Rating
Watch this 20/20 live video. https://www.youtube.com/watch?v=unr3DJ59tKM https://youtu.be/unr3DJ59tKM
  • 6/11/2018
The real fortune in crypto currencies, is not in crypto currencies !
Crypto News For The Future, I told you So !   Hallelujah. After almost a decade since Bitcoin was created, the SEC  ( https://www.sec.gov/Article/whatwedo.html )  announced last week the creation of a new, senior position to coordinate the agency’s...
  • 2/15/2018
BBB History Violation Of The 6th Amendment ? Or Extortion To Businesses?
According to the Better Business Bureau’s History and Traditions web page they boast, “The Ancient Problem of Truth. The major concern of Better Business Bureaus from their inception until today has been an ongoing problem of ethics …” further quoting Cicero, “All...
  • 12/13/2017
Think people got rich from Bitcoin? We haven't seen anything yet
December 12, 2017 Recently a group of archaeologists and anthropologists published a really interesting, comprehensive study of prehistoric civilizations and their sources of wealth. It turns out that the most prosperous people and civilizations across ancient history-- and I’m talking...
  • 11/22/2016
Trump’s Pledges to Dismantle Dodd-Frank Act. What does this mean fore the Timeshare Business?
    President-elect Donald Trump is translating some of his populist campaign rhetoric into policy statements, including the contention that the Dodd-Frank Act should be scrapped because it has made Wall Street banks an even bigger threat to the nation’s economy and...
Share to Facebook

Copyright © Copyright © 2009 - 2022
Powered by Resort Data Systems