Legal Dictionary
Main Entry:
demiseFunction:
nounEtymology: Anglo-French, from feminine past participle of
demettre to convey by lease, from Old French, to put down, give up, renounce, from Latin
demittere to let fall and
dimittere to release
1 : the conveyance of property by will or lease
: LEASE 2 : the transmission of property by testate or intestate succession
3 : charter of a boat in which the owner surrenders completely the possession, command, and navigation of the boat called also
bareboat charter