Demise /(?)/

De·mise

Demise

n.
  1. Transmission by formal act or conveyance to an heir or successor; transference; especially, the transfer or transmission of the crown or royal authority to a successor.
  2. The decease of a royal or princely person; hence, also, the death of any illustrious person.
    After the demise of the Queen [of George II.], in 1737, they [drawing- rooms] were held but twice a week.
    — P. Cunningham.
  3. The conveyance or transfer of an estate, either in fee for life or for years, most commonly the latter. (Law)

Phrases & Compounds
Demise and redemise
a conveyance where there are mutual leases made from one to another of the same land, or something out of it.

Demise

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.
    What honor Canst thou demise to any child of mine?
  2. To convey; to give. [R.]
    His soul is at his conception demised to him.
  3. To convey, as an estate, by lease; to lease. (Law)