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Definition of demise : 1. The conveyance or transfer of an estate, either in fee for life or for years, most commonly the latter.
2. The decease of a royal or princely person; hence, also, the death of any illustrious person.
3. To convey, as an estate, by lease; to lease.
4. To convey; to give.
5. To transfer or transmit by succession or inheritance; to grant or bestow by will; to bequeath.
6. 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.

Synonyms:

last, dying, expiry, destruction, curtain, rest, live

extinction, annihilation, passing, fatality, parting, quietus, decease, dissolution, release

end, windup, finis, exit, period, completion, accomplishment, expiration, conclusion, cessation, finale, close, culmination, checkmate, halt, terminal, termination, closing, finish, ending, death

Usage examples:

• It was held that the grantees could elect to take by bargain and sale or by demise, each of which had different consequences. - "Our Legal Heritage, 4th Ed.", S. A. Reilly.
• " What grudge do you bear Mrs. Milsom's eighth that you speak so cheerfully of its early demise? - "East of the Shadows", Mrs. Hubert Barclay.
• A certain Theodore Judson, attorney of this town, calls himself heir- at- law to the Haygarth estates; but before he can establish his claim, this Theodore must produce evidence of the demise, without heirs, of one Peter Judson, eldest surviving grandson of Ruth Haygarth's eldest son, a scamp and ne'er- do- well- if living, supposed to be somewhere in India, where he went, as supercargo to a merchant vessel about, the year '41- who stands prior to Theodore Judson in the succession. - "Charlotte's Inheritance", M. E. Braddon.