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devise
(redirected from devisees)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.02 sec.
devise
A transfer of real property by virtue of the provisions in a will. Contrast with descent, which is a transfer by virtue of statutory provisions controlling ownership of real estate when one dies without a will.


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This Settlement Agreement shall be binding upon the heirs, legatees, devisees, administrators, and personal representatives of the parties hereto and, in the event of the death of either of the parties of this Settlement Agreement while said Settlement Agreement is in force and effect, the estate of said deceased parry shall be obligated and responsible for the performance of the obligations and conditions of this Settlement Agreement.
Austrian Roth has also acted in place of the owner "In Loco Domini" for offshore investors, individuals, families, trustees, devisees and non-profit organizations as counselors and overseers in the management, operations and marketing of real property.
The bequest would not result in IRI) to the taxpayer's estate if still open at the time of the exercise, nor to the taxpayer's heirs or devisees if closed at that time.
 
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