Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

demise

Read a random definition: amortization

A quick definition of demise:

Term: Demise

Definition: Demise means giving someone else the right to use or own something for a certain amount of time. It can also mean when something ends or stops working, like when a company goes out of business.

A more thorough explanation:

Definition: Demise refers to the transfer of property through a lease or will. It can also refer to the end of something, such as the death of a person or the dissolution of a corporation.

When used as a noun, "demise" can mean:

  • A lease for a specific period of time
  • A conveyance of an estate, either in fee or for life or for years
  • The transfer of property, most commonly for a specific period of time

As a verb, "demise" means to lease property for a specific period of time.

Examples:

  • John's father left him the family farm in his will. The demise of the property was transferred to John through the will.
  • The company's demise was caused by poor management and financial mismanagement.
  • The landlord and tenant signed a lease agreement for the demise of the property for a period of five years.

The first example illustrates the transfer of property through a will, which is a common way for property to be transferred after someone's death. The second example shows how "demise" can be used to describe the end of a corporation. The third example demonstrates the use of "demise" as a noun to describe a lease agreement for a specific period of time.

demand note | demonstrative evidence

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
@jackfrost11770: penn waitlist?
14:42
lilypad when did u apply
14:42
i am dreading the penn r
@PuppyBot: oh ok makes sense
renard99
14:43
@jackfrost11770: It's traditionally tough to get off it but not impossible. Their waitlist isn't ranked so it's certainly within reach if you're interested enough
lilypadfrog
14:43
@ChowieBean: end of nov
i applied nov. 15 lily
or 12th
renard99
14:43
Also Jack ik you and I haven't talked in a bit but we have similar stats, backgrounds, WE. If you ever want solace in this messy process text me on Discord
14:44
im still in the queue to be reviewed for penn so
lilypadfrog
14:44
@SplitterusClitterus: I applied like two weeks later. It was one of my last apps
jackfrost11770
14:44
I mean I think you're more likely to get WL than R at UPenn lmao, I'm taking it as an R whatever
ReminiscentZestyFish
14:45
Tru
GreyCeaselessMammoth
14:45
notHim at it again
14:45
notHim is a born WINNER
14:47
ya i basically have penn r
Trismegistus
14:48
how would you know
14:48
uh wdym. i didnt get penn A or penn WL
jackfrost11770
14:48
Check substatus, it's not an update. I didn't even notice it at first
14:48
Substatus?
14:48
i cant get into my penn rn so im just assuming
14:48
same @Eggan
cumsock
14:49
carole baskin sold all her land
14:49
If it says under committee review I’m still alive right
cumsock
14:49
for 20 million fuckin dollars
Trismegistus
14:49
that's what mine saying @sadpadresfan
14:50
ya im on the plane so it wont let me log into lsac for some readon
14:50
for another 2 hours
lilypadfrog
14:50
im out here in miamiiiii
LSD+ is ad-free, with DMs, discounts, case briefs & more.