Possibility - Definition - Law Dictionary Home Dictionary Definition possibility

Definition :

Possibility, expectation, an uncertain thing which may or may not happen.

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 next title.

A possibility coupled with an interest in any tene-ments or hereditaments, of any tenure, whether the object of the gift or limitation of such possibility be or be not ascertained, may be disposed of by deed. [(English) Real Property Act, 1845, s. 6, reproduced by the (English) Law of Property Act, 1925, s. 4(2)]