possibility

An uncertain thing which may happen. A contingent interest in real or personal estate. It is either near (or ordinary), as where an estate is limited to one after the death of another, or remote (or extraordinary), as where it is limited to a man, provided he marries a certain woman, and that she shall die and he shall marry another.

See also impossibility

- probability.

@ bare possibility

The same as a naked possibility.

@ naked possibility

A bare chance or expectation of acquiring a property or succeeding to an estate in the future, but without any present right in or to it which the law would recognize as an estate or interest

@ possibility coupled with an interest

An expectation recognized in law as an estate or interest, such as occurs in executory devises and shifting or springing uses. Such a possibility may be sold or assigned

@ possibility of reverter

Future estate left in creator or in his successors in interest upon simultaneous creation of estate that will terminate automatically within a period of time defined by occurrence of specified event. United Methodist Church in West Sand Lake v. Kunz, 78 Misc.2d 565, 357 N.Y.S.2d 637, 640.

The interest which remains in a grantor or testator after the conveyance or devise of a fee simple determinable and which permits the grantor to be revested automatically of his estate on breach of the condition

@ possibility on a possibility

A remote possibility, as if a remainder be limited in particular to A.'s son John, or Edward, it is bad if he have no son of that name, for it is too remote a possibility that he should not only have a son, but a son of that particular name

@