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From: Webster's Revised Unabridged Dictionary (1913)

 De·mise, v. t. [imp. & p. p. Demised p. pr. & vb. n. Demising.]
 1. To transfer or transmit by succession or inheritance; to grant or bestow by will; to bequeath. “Power to demise my lands.”
 What honor
 Canst thou demise to any child of mine?   --Shak.
 2. To convey; to give. [R.]
    His soul is at his conception demised to him.   --Hammond.
 3. Law To convey, as an estate, by lease; to lease.