Lease and release
is an acrostic for lar.
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Lease and release is literally the lease of non-tenanted property by its owner followed by a release of the landlord's interest in the property. This sequence of transactions was commonly used to transfer full 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 for tax avoidance and speed. Between its parties it achieves the same outcome as a deed of grant/transfer/conveyance.
Printed dictionaries and other books with definitions for Lease and release
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On the Plan of Sir Matthew Hale's Analysis by Sir Edward Coke, John Henry Thomas
But though a lease and release is a good performance of a condition to make n feoffment, yet in many instances ihe latter mode of conveyance is preferable to the former . To make a feoffment good and valid, nothing is wnnting but posttision ...
A new Law Dictionary ... to which is added an outline of an action at law and of a suit in equity, etc (1846)
by Henry James HOLTHOUSE
LEASE AND RELEASE. A species of conveyance commonly in use for conveying the fee-simple or absolute property in lands or tenements from one person to another. In the reigns of Hen. 6 and Edw. 4, it was not unusual to transfer freehold ...
The London encyclopaedia, or, Universal dictionary of science, art, literature, and practical mechanics, by the orig. ed. of the Encyclopaedia metropolitana [T. Curtis]. (1839)
by Thomas Curtis (of Grove house sch, Islington)
Lease and Release is a species of convey ance used in the English law, first invented by sergeant Moore, soon after the statute of uses, and now the most common of any, and therefore not to be shaken; though very great lawyers, particularly ...
by Thomas Edlyne TOMLINS
LEASE AND RELEASE. A conveyance of the inheritance in land, the lease giving first * the possession, ...
by J.J.S. WHARTON
Lease and release, a mode of conveyance which derived its effect from the Statute of Uses, and operated by transmutation of possession, compounded of a lease for a year, at common law, or a bargain and sale for a year under the Statute of ...
A Law Dictionary (1993)
Adapted to the Constitution and Laws of the United States of America, and of the Several States of the American Union : with References to the Civil and Other Systems of Foreign Law; in Two Volumes by John Bouvier
LEASE AND RELEASE, a species of conveyance, invented by Sergeant Moore, soon after the enactment of the statute of uses. It is thus jcontrived ; a lease, or rather bargain and sale, upon some pecuniary consideration ...
London Encyclopaedia; Or, Universal Dictionary of Science, Art, Literature and Practical Mechanics (1829)
Comprising a Popular View of the Present State of Knowledge
LEASE AND RELEASE is a species of convey ance used in the English law, first invented by sergeant Moore, soon after the statute of uses, and now the most common of any, and therefore not to be shaken; though very great lawyers, ...
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