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A "devise" in real estate is when someone gives property, like a house or a piece of land, to another person after they pass away. This is done through a legal document called a will. The person who gives the property is called the "devisor," and the person who receives the property is called the "devisee."
For example, imagine Mr. Green has a house he loves and wants to give it to his daughter when he passes away. In his will, he "devises" the house to his daughter. Mr. Green is the "devisor," and his daughter is the "devisee." When he is gone, his daughter becomes the new owner of the house.
"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"
In the land of homes and real estate, where people live and leave,
A "devise" is how we pass along, the things we wish to bequeath.
The "devisor" is the giver, and the "devisee" receives,
This transfer happens in a will, like autumn's falling leaves.
Picture Mr. Green, a house he has, to his daughter it's assigned,
In his will, he "devises" it, a new owner she will find.
Mr. Green's the "devisor," and his daughter the "devisee,"
Together they ensure the home, finds a future filled with glee.
A "devise" is how we share our homes, when our time on Earth is done,
Between the "devisor" and "devisee," a bond of love is spun.
In the land of homes and real estate, where memories are made,
A "devise" ensures our legacy, in the homes where we once stayed.