Demise

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.

The decease of a royal or princely person; hence, also, the death of any illustrious person.

The conveyance or transfer of an estate, either in fee for life or for years, most commonly the latter.

To transfer or transmit by succession or inheritance; to grant or bestow by will; to bequeath.

To convey; to give.

To convey, as an estate, by lease; to lease.