demise

demise
I. demise de‧mise 1 [dɪˈmaɪz] noun [countable usually singular]
LAW PROPERTY when a property owner rents property to someone, or the rented property itself:

• Where the demise includes the whole of a building the airspace above the building may be excluded.

  [m0] II. demise demise 2 verb [transitive]
LAW PROPERTY if the owner of a property demises it, they rent it to someone:

• The plaintiff landlord had demised premises to the defendant for 21 years.

— demised adjective :

• a demised property

* * *

Ⅰ.
demise UK US /dɪˈmaɪz/ noun [C or U] PROPERTY, LAW
property that you rent or give to someone for a particular number of years, or a legal agreement in which you rent or give this property: »

In a mortgage by demise, the lender becomes the owner of the mortgaged property until the loan is repaid.

Ⅱ.
demise UK US /dɪˈmaɪz/ verb [T] PROPERTY, LAW
to rent or give property to someone for a particular number of years: »

If an apartment is rented under a written lease, it is referred to in the lease as the ""demised premises"".


Financial and business terms. 2012.

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Look at other dictionaries:

  • demise — de·mise 1 /di mīz/ vt de·mised, de·mis·ing: to convey (possession of property) by will or lease the demised premises demise 2 n [Anglo French, from feminine past participle of demettre to convey by lease, from Old French, to put down, give up,… …   Law dictionary

  • Demise — De*mise , n. [F. d[ e]mettre, p. p. d[ e]mis, d[ e]mise, to put away, lay down; pref. d[ e] (L. de or dis ) + mettre to put, place, lay, fr. L. mittere to send. See {Mission}, and cf. {Dismiss}, {Demit}.] 1. Transmission by formal act or… …   The Collaborative International Dictionary of English

  • Demise — De*mise , v. t. [imp. & p. p. {Demised}; p. pr. & vb. n. {Demising}.] 1. To transfer or transmit by succession or inheritance; to grant or bestow by will; to bequeath. Power to demise my lands. Swift. [1913 Webster] What honor Canst thou demise… …   The Collaborative International Dictionary of English

  • demise — mid 15c., from M.Fr. demise, fem. pp. of démettre dismiss, put away, from des away (from L. dis ) + M.Fr. mettre put, from L. mittere let go, send (see MISSION (Cf. mission)). Originally transfer of estate by will, meaning extended 1754 to death …   Etymology dictionary

  • demise — [dē mīz′, dimīz′] n. [Fr démise, fem. pp. of OFr démettre, to dismiss, put away < L demittere: see DEMIT] 1. Law a transfer of an estate by lease, esp. for a fixed period 2. the transfer of sovereignty by death or abdication 3. a ceasing to… …   English World dictionary

  • demise — *death, decease, passing …   New Dictionary of Synonyms

  • demise — [n] fate, usually death annihilation, collapse, curtains, decease, departure, dissolution, downfall, dying, end, ending, expiration, extinction, failure, fall, final thrill*, last out*, last roundup*, lights out*, number’s up*, passing, quietus,… …   New thesaurus

  • demise — ► NOUN 1) a person s death. 2) the end or failure of something. ORIGIN Old French, from Latin dimittere send away …   English terms dictionary

  • Demise — For other uses, see Demise (disambiguation). Demise, in its original meaning, is an Anglo Norman legal term (from French démettre, from Latin dimittere, to send away) for a transfer of an estate, especially by lease. The word has an operative… …   Wikipedia

  • demise — I v. To convey or create an estate for years or life. To lease; to bequeath or transmit by succession or inheritance II n. A conveyance of an estate to another for life, for years, or at will (most commonly for years); a lease. Originally a… …   Black's law dictionary

  • demise — I v. To convey or create an estate for years or life. To lease; to bequeath or transmit by succession or inheritance II n. A conveyance of an estate to another for life, for years, or at will (most commonly for years); a lease. Originally a… …   Black's law dictionary

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