Nonpossessory interest in land
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Property law |
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Part of the common law series |
Types |
Acquisition |
Estates in land |
Conveyancing |
Future use control |
Nonpossessory interest |
Related topics |
Other common law areas |
Higher category: Law and Common law |
A nonpossessory interest in land is a term of property law to describe any of a category of rights held by one person to use land that is in the possession of another.
Creation
[edit]Such rights can generally be created in one of two ways: either by an express agreement between the party who owns the land and the party who seeks to own the interest, such as by a deed or indenture; or by an order of a court, as an implied agreement.
Types
[edit]Under the common law, there are five variations of such rights. These are:
The Restatement of the Law of Property both clarifies and expands upon the types of nonpossessory interests. For example, in § 28, a reversion is defined as "a nonpossessory interest in land remaining after the creation of one or more estates or interests in fee tail, for life, for years, for a periodic term, or at will."[1]
See also
[edit]References
[edit]- ^ Restatement of the Law of Property: Tentative Drafts, No. 1-14, Issues 1-5, American Law Institute, 1929, p. 57, retrieved June 20, 2025