Business, Legal & Accounting Glossary
A devise is a gift of real estate.
An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some US states, “devise” now applies to any kind of property left by will, making it identical to the term bequest. Compare legacy.
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This glossary post was last updated: 5th August, 2021 | 7 Views.