The conveyance or transfer of an estate, either in fee for life or for years, most commonly the latter.
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.
From Latin demissa, feminine singular of perfect passive participle of dēmittō, apparently via Middle French démise, the feminine singular past participle of démettre.
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