Term Details

English

Term demise (1) 
Plain Language Definition a transfer of property from one owner to the next, whether done by deed, lease, conveyance, or a will 
Context/Example The shipowner is almost always liable as a carrier under Anglo-Canadian law provided there is no *demise* charter of the ship. 
 
This term last modified: 6/20/2008
 
 
 
 
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