Hansen v. Stroecker
Supreme Court of Alaska
699 P.2d 871 (1985)
Relevant factsFree
James Hansen granted Stroecker (plaintiff) an option to purchase part of his land, with no expiration date specified. After Hansen died, Stroecker tried to exercise the option, but Hansen's widow (defendant) refused to deliver the deed. The trial court found the option did not violate the rule against perpetuities and ordered the land conveyed to Stroecker. Mrs. Hansen sought review by the Alaska Supreme Court.
IssueFree
Whether a court may apply the wait-and-see approach to the rule against perpetuities.