Lease And Release - Law Dictionary Search Results
Lease and release
Matched in: Term Lease and release
release
Matched in: Term release
Power
are given. Thus, where an estate for life is limited to a man, with a power to grant leases in possession, a lease granted under the power may operate wholly out of the life-estate of the party … this extends to make leases in possession only, and not in reversion. Powers appendant may be destroyed by release, bargain and sale, or feoffment; powers in gross, by feoffment or release; but powers simply collateral could not
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Statutory release
Matched in: Term Statutory release
Release
Matched in: Term Release
Extinguishment
extinguishment. If my tenant for life make a greater estate than he is warranted in granting, as a lease to A. for life, remainder to B. and his heirs, and I release to A., this extinguishes my
demise
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 … demise de·mised de·mis·ing : to convey (possession of property) by will or lease [the demised premises] n [Anglo-French, from feminine past participle of demettre to convey by lease, from Old French,
Surrender
operative verbs being 'surrender and yield up.' The term is usually applied to the giving up of a lease before the expiration of it: it generally means the giving up of a lesser estate to a greater; … the expiration of it: it generally means the giving up of a lesser estate to a greater; a release is the giving up of a greater to a less interest, enlarging the latter. The effect of a
Bargain and sale
within six months in the records of one of the King's Courts at Westminster. The devise of a lease and release (q. v., post.) was then resorted to, to evade enrolment. For other enactments affecting bargains and sales of
Abatement clause
Abatement clause, A lease provision that released to tenant from the rent obligation when an act of God precludes occupancy, Black Law … Abatement clause, A lease provision that released to tenant from the rent obligation when an act of God precludes occupancy, Black Law Dictionary, 7th Edn.
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