demise

Definitions of "demise"
  1. The act of transferring property ownership through a legal agreement or lease
  2. A legal process where property is transferred through a will or lease agreement
  3. The process of legally passing on property ownership after the owner's death, either through a will (testate) or without a will (intestate)
  4. A specialized form of leasing where the owner gives up complete control and possession of a boat, including command and navigation responsibilities
How to use "demise" in a sentence
  1. The old man's will stated the demise of his estate to his granddaughter upon his death.
  2. Their new beach house was acquired through the demise of a distant relative's property.
  3. The company ensured the demise of the commercial vessel to the charter party for the summer period.

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