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demise
(redirected from demised)

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Wikipedia 0.03 sec.
demise
1. Property law
a. a transfer of an estate by lease
b. the passing or transfer of an estate on the death of the owner
2. the immediate transfer of sovereignty to a successor upon the death, abdication, etc., of a ruler (esp in the phrase demise of the crown)


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? Mentioned in ? References in periodicals archive
 
Paragraph 13 of the REBNY lease (also known as the "Access to Premises" clause) provides that the "Owner or Owner' s agents shall have the right (but not be obligated) to enter the demised premises.
 
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