47-09-02. What may be transferred - Exceptions.
46 words·~1 min read·
/nd/title-47/chapter-47-09/47-09-02·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Property of any kind may be transferred except:
1. A mere possibility not coupled with an interest.
2. A mere right of re-entry or of repossession for breach of a condition subsequent which
cannot be transferred to anyone except the owner of the property affected thereby.