naked possibility

A mere chance or expectation that a person will acquire future property.

• A conveyance of a naked possibility is usu. void for lack of subject matter, as in a deed conveying all rights to a future estate not yet in existence.

— Also termed bare possibility; naked expectancy. [Cases: Assignments 8. C.J.S. Assignments §§ 17–18.]

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词条贡献者

译员黎川，在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译，专注翻译各种与澳大利亚业务有关的法律文件。