This legislation has been repealed.
(1) The following interests in property may be conveyed by deed:
(a) a right of entry;
(b) a contingent remainder;
(c) a contingent, executory, or future estate, right or interest;
(d) a possibility coupled with an interest.
(2) The following are void as against the person in possession of land (the first person ) or those claiming under that person unless the person (the second person ) conveying (or covenanting, agreeing, or promising to convey), or the person through whom the second person claims, has been in possession of the land within 1 year from the date of the conveyance (or covenant, agreement or promise):
(a) a conveyance of a present right of entry in the land (other than to the first person );
(b) a covenant or agreement for, or promise of, a conveyance (other than to the first person).