Possibility

POSSIBILITY. An uncertain thing which may happen; Lilly's Reg. h.t.; or it is a contingent interest in real or personal estate. 1 Mad. Ch. 549.
     2. Possibilities are near as when an estate is limited to one after the death of another; or remote, as that one man shall be married to a woman, and then that she shall die, and he be married to another. 1 Fonb. Eq. 212, n. e; l6 Vin. Ab. h.t., p. 460; 2 Co. 51 a.
     3. Possibilities are also divided into, 1. A possibility coupled with an interest. This may, of course, be sold, assigned, transmitted or devised; such a possibility occurs in executory devises, and in contingent, springing or executory uses.
     4.-2. A bare possibility, or hope of succession; this is the case of an heir apparent, during the life of his ancestor. It is evident that he has no right which he can assign, devise, or even, release.
     5.-3. A possibility' or mere contingent interest, as a devise to Paul if he survive Peter. Dane's Ab. c. 1, a 5, Sec. 2, and the cases there cited.