lease deed

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• Lease and release — is a temporary transfer (by sale) of title to real estate under real property law. Lease and release was a mode of conveyance of freehold estates, formerly common in England and in New York, its place is now supplied by a simple deed of grant. [… …   Wikipedia

• lease — 1 / lēs/ n [Anglo French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment… …   Law dictionary

• Lease — (l[=e]s), n. [Cf. OF. lais. See {Lease}, v. t.] 1. The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer; especially, A demise or letting of lands, tenements, or… …   The Collaborative International Dictionary of English

• Lease and release — Lease Lease (l[=e]s), n. [Cf. OF. lais. See {Lease}, v. t.] 1. The temporary transfer of a possession to another person in return for a fee or other valuable consideration paid for the transfer; especially, A demise or letting of lands, tenements …   The Collaborative International Dictionary of English

• deed — [n1] achievement accomplishment, act, action, adventure, ballgame, big idea*, bit, byplay, cause, commission, crusade, do, enterprise, exploit, fact, feat, follow through, game, happenin’*, performance, plan, quest, reality, securing, stunt,… …   New thesaurus

• Deed Of Surrender — A legal document that transfers property ownership for a specified time period, provided certain conditions are met. Basically, a deed of surrender allows one to relinquish his/her claims on a particular piece of property to the individual… …   Investment dictionary

• Deed In Lieu Of Foreclosure — A potential option taken by a mortgagor (a borrower) to avoid foreclosure under which the mortgagor deeds the collateral property (the home) back to the mortgagee (the lender) in exchange for the release of all obligations under the mortgage.… …   Investment dictionary

• deed — I (New American Roget s College Thesaurus) n. act, action, feat, achievement, exploit; conveyance, transfer.See courage, record. II (Roget s IV) n. 1. [An action] Syn. act, commission, accomplishment, feat; see action 2 . 2. [Legal title to real… …   English dictionary for students

• lease — Record Re*cord (r?*k?rd ), v. t. [imp. & p. p. {Recorded}; p. pr. & vb. n. {Recording}.] [OE. recorden to repeat, remind, F. recorder, fr. L. recordari to remember; pref. re re + cor, cordis, the heart or mind. See {Cordial}, {Heart}.] 1. To… …   The Collaborative International Dictionary of English

• lease and release — A form of conveyance, in general use at one time in England, but rarely used in the United States. 23 Am J2d Deeds §§ 14, 15. A highly artificial method once in use in England for conveying real property, consisting, first, of a lease (or bargain …   Ballentine's law dictionary

• lease — Noun: A contract for the possession and profits of lands and tenements on the one side, and a recompense of rent or other income on the other. A conveyance by one to be known as the landlord to another to be known as the tenant, ordinarily for a… …   Ballentine's law dictionary