lease and release

noun

Definition of lease and release

1 : a nearly obsolete common-law mode of conveyance of freehold estates by means of a lease vesting a leasehold estate in the lessee upon actual entry and a subsequent release of the reversion to the lessee, thus vesting the fee in the lessee without livery of seisin
2 : a nearly obsolete mode of conveyance under the Statute of Uses by means of a bargain and sale for a leasehold interest conventionally for a year, which under the statute vested the leasehold estate without entry, with a subsequent release vesting the fee in the lessee without entry or livery of seisin

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Comments on lease and release

What made you want to look up lease and release? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

to fake an opponent out of position

Get Word of the Day daily email!

Test Your Vocabulary

Where in the World? A Quiz

  • peter bruegel tower of babel painting
  • What language does pajama come from?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Citation

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!