demise

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Related to demised: demised premises

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)
References in periodicals archive ?
The tenant is only entitled to exclusively use and occupy the part demised.
When entering into a commercial lease, the landlord typically expects that the tenant will occupy the demised premises for the entire lease term.
to any portion of the building or the demised premises.