34. Interests in real estate.

(ii)     Legal Interests

a.     Real Estate

34.     Interests in real estate.

The following legal estates and interests in real estate1 have been held to be subject to the rule against perpetuities:

  1.  

    (1)     executory devises2;

  2.  

    (2)     springing and shifting uses3;

  3.  

    (3)     legal contingent remainders4; and

  4.  

    (4)     certain rights of entry on breach of a condition subsequent5.