1. capable of being demised; able to be leased or transferred by demise
Usage: legal/property law term; chiefly British

Examples

• The demisable property was offered to the tenant under a 99-year lease.
• Not all real estate is demisable; some holdings are held in perpetuity.
• The landlord confirmed that the demisable premises could be subleased with permission.
• In property law, demisable assets must meet certain legal requirements.
• The contract specified which portions of the estate were demisable to heirs.