§ 57-8a-108. Rules against perpetuities and unreasonable restraints -- Insubstantial failure to comply. (Effective 7/1/2014)

Latest version.

(1)	The rule against perpetuities and the rule against unreasonable restraints on alienation of real estate may not defeat a provision of a governing document.

(2)

(a)	A declaration that fails to comply with this chapter does not render a title to a lot and common areas unmarketable or otherwise affect the title if the failure is insubstantial.

(b)	This chapter does not affect whether a substantial failure impairs marketability.

Enacted by Chapter 152, 2013 General Session

                    
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