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Demise and redemise

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

In conveyancing. Mutuni leases made from one party to another on each side, of the same land, or something out of it; as when A. grants a lease to B. at a nominal rent (as of a pepper corn,) and B. redemises the same property to A. for a shorter time at a real, substantial rent Jacob,; Whi-shaw.