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Future interests in land are presently existing nonpossessory rights that may or may not develop later. are possessory interests because they permit the holder to
Future interests in land
- are presently existing nonpossessory rights that may or may not develop later.
- are possessory interests because they permit the holder to take possession at some point.
- must create a right to, not merely the possibility of, possession at some time in the future or they would be merely illusory.
- cannot be bought and sold.
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