What distinguishes a non-possessory estate?

A non-possessory estate refers to a type of property interest where the individual has rights to the property, but does not have the immediate right to occupy or possess it. The distinguishing feature of a non-possessory estate is thus a future right to occupy or utilize the property at a later date or under specific conditions. This could include interests such as a remainder or reversion, where the holder will gain the right to occupy the property in the future after certain events occur, such as the expiration of a lease or the death of the current occupant.

In contrast, options indicating an immediate right to occupy or ownership of the property imply possession, which is not applicable to non-possessory estates. Additionally, involvement in property management does not inherently relate to the concept of a non-possessory estate, as management does not equate to having a legal estate or interest in the property itself. The key takeaway is that a non-possessory estate primarily concerns future rights rather than immediate possession or direct ownership.