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lease and release


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A method of transferring land from one party to another without the necessity of enrolling a deed. The purchaser first took a lease of the property for one year (thus avoiding the need to enrol), then on the following day the vendor conveyed to him the reversion of the lease. The records of the transaction consisted of two documents, the lease and the release. The method remained popular until 1845.

Subjects: History — Bibliography.


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