I had reason to go over my HOA covenant last night, and I came across something interesting in it. The perpetuity clause directly referenced Queen Elizabeth II. Seeing that, it made me stop to actually read the clause wondering why her majesty is included in a US legal document.
Turns out that it's simply there to guarantee the covenant is good for a lengthy amount of time... particularly through "the lifetime of the longest living currently living descendant of Elizabeth II, Queen of England, plus 21 years at the time this covenant is enforced".
So basically, whatever the currently youngest descendant lives to, plus 21 years.
I thought it was odd, but figured I'd share. Let the HOA flaming begin! (For what it's worth, as of yesterday my HOA actually did something FOR me.)
Turns out that it's simply there to guarantee the covenant is good for a lengthy amount of time... particularly through "the lifetime of the longest living currently living descendant of Elizabeth II, Queen of England, plus 21 years at the time this covenant is enforced".
So basically, whatever the currently youngest descendant lives to, plus 21 years.
I thought it was odd, but figured I'd share. Let the HOA flaming begin! (For what it's worth, as of yesterday my HOA actually did something FOR me.)