Where--
(a) the estate or interest claimed in an action on a cause of action to recover land is an estate or interest assured as an estate or interest in possession (otherwise than by will) to the plaintiff or to a person through whom the plaintiff claims,
(b) the person making the assurance is, on the date when the assurance takes effect, in possession by virtue of the estate or interest claimed or by virtue of an estate or interest out of which the assurance is made, and
(c) no person is, after the date on which the assurance takes effect and before the date on which the action is brought, in possession by virtue of the estate or interest claimed and by virtue of the assurance,the cause of action accrues on the date on which the assurance takes effect.