DORADO v. BROADNECK

No. 141, September Term, 1987.

317 Md. 148 (1989)

562 A.2d 757

DORADO LIMITED PARTNERSHIP v. BROADNECK DEVELOPMENT CORPORATION.

Court of Appeals of Maryland.

September 1, 1989.


Attorney(s) appearing for the Case

Ellis J. Koch, Rockville, for appellant/cross-appellee.

Timothy E. Meredith (Corbin, Warfield, Schaffer & Meredith, Chartered, on brief), Severna Park, for appellee/cross-appellant.

Argued Before MURPHY, C.J., and ELDRIDGE, COLE, RODOWSKY, McAULIFFE, ADKINS and BLACKWELL, JJ.


ELDRIDGE, Judge.

This case involves the question of whether a contract for the sale of land, under which title may not be transferred until an indefinite date, is enforceable. Because the buyer's interest may vest too remotely, we hold that the contract in the case at bar violates the Rule Against Perpetuities.

On June 23, 1981, Dorado Limited Partnership and Broadneck Development Company entered into a contract to sell real property located in Anne Arundel...

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