demise Hear it!

demise definition - legal

n

The conveyance of an interest in real property for a specified time period by will or lease; the death of a person or cessation of a corporate entity.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.