§ 1045 Nontransferable Mere Possibilities
This law says you can't give away something that's only a chance or hope; you must actually own it to transfer it.
A person says they might inherit a house someday and tries to sell that hope to a friend.
Because the person only has a possibility of getting the house and no real ownership yet, they cannot legally transfer that hope to someone else.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 1045 Nontransferable Mere Possibilities
Last verified: January 9, 2026