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

双语律师Simon，毕业于亚洲一流的高级翻译学院，擅长翻译涉及金属和矿业领域的法律文件。