devisees legal definition of devisees. devisees synonyms by the Free Online Law Dictionary.

A testamentary disposition of land or realty; a gift of real property by the last will and testament of the donor. When used as a noun, it means a testamentary disposition of real or Personal Property, and when used as a verb, it means to dispose of real or personal property by will. To contrive; plan; scheme; invent; prepare.

devise 1) v. an old-fashioned word for giving real property by a will, as distinguished from words for giving personal property. 2) n. the gift of real property by will. (See: gift, bequest, legacy, remise, will)

DEVISE. A devise is a disposition of real property by a person's last will and testament, to tale effect after the testator's death.
     2. Its form is immaterial, provided the instrument is to take effect after the death of the party; and a paper in the form of an indenture, which is to have that effect, is considered as a devise. Finch. 195 6 Watts, 522; 3 Rawle, 15; 4 Desaus. 617, 313; 1 Mod. 117; 1 Black. R. 345.
     3. The term devise, properly and technically, applies only to real estate the object of the devise must therefore be that kind of property. 1 Hill. Ab. ch. 36, n. 62 to 74. Devise is also sometimes improperly applied to a bequest or legacy. (q.v.) Vide 2 Bouv. Inst. n. 2095, et seq; 4 Kent, Com. 489 8 Vin. Ab. 41 Com. Dig. Estates by Devise.
     4. In the Year Book, 9 H. VI. 24, b. A. D. 1430, Babington says, the nature of a devise, when lands are devisable, is, that one can devise that his lands shall be sold by executors and this is good. And a devise in such form has always been in use. And so a man may have frank tenement of him who had nothing, in the same manner as one may have fire from a flint, and yet there is no fire in the flint. But it is to perform the last will of the devisor.

? References in periodicals archive
This Settlement Agreement shall be binding upon the heirs, legatees, devisees, administrators, and personal representatives of the parties hereto and, in the event of the death of either of the parties of this Settlement Agreement while said Settlement Agreement is in force and effect, the estate of said deceased parry shall be obligated and responsible for the performance of the obligations and conditions of this Settlement Agreement. Property settlement payment not deductible alimony by Gamer, Lawrence R. / The Tax Adviser Austrian Roth has also acted in place of the owner "In Loco Domini" for offshore investors, individuals, families, trustees, devisees and non-profit organizations as counselors and overseers in the management, operations and marketing of real property. Corporate exec turns consultant by Fitzgerald, Therese / Real Estate Weekly The bequest would not result in IRI) to the taxpayer's estate if still open at the time of the exercise, nor to the taxpayer's heirs or devisees if closed at that time. Transfers of NQSOs and deferred compensation by Sair, Edward A. / The Tax Adviser More results

References in periodicals archive

This Settlement Agreement shall be binding upon the heirs, legatees, devisees, administrators, and personal representatives of the parties hereto and, in the event of the death of either of the parties of this Settlement Agreement while said Settlement Agreement is in force and effect, the estate of said deceased parry shall be obligated and responsible for the performance of the obligations and conditions of this Settlement Agreement.

Property settlement payment not deductible alimony by Gamer, Lawrence R. / The Tax Adviser

Austrian Roth has also acted in place of the owner "In Loco Domini" for offshore investors, individuals, families, trustees, devisees and non-profit organizations as counselors and overseers in the management, operations and marketing of real property.

Corporate exec turns consultant by Fitzgerald, Therese / Real Estate Weekly

The bequest would not result in IRI) to the taxpayer's estate if still open at the time of the exercise, nor to the taxpayer's heirs or devisees if closed at that time.

Transfers of NQSOs and deferred compensation by Sair, Edward A. / The Tax Adviser

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