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demise |
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demise A transfer of an interest in real property for a certain number of years,for life,or at will.This is why leases often refer to “the demised premises.”The use of the word demise in an instrument automatically triggers the grantor's liability for the warranty of quiet enjoyment. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Paragraph 13 of the REBNY lease (also known as the "Access to Premises" clause) provides that the "Owner or Owner' s agents shall have the right (but not be obligated) to enter the demised premises. |
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