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Demise deals with:

  1. a "type" of will

  2. none of the above

  3. personal property left in a will

  4. transferability of an estate by lease or will

The correct answer is: a "type" of will

Demise deals with the transferability of an estate by lease or will. In real estate, the term "demise" is commonly used to refer to the conveyance of a property or land through either a lease or a will. It involves the transfer of possessory rights from one party to another, either for a specified period in the case of a lease or upon the death of the owner in the case of a will. The other options are incorrect: - Option B, 'none of the above,' is not correct as Demise does have a specific real estate meaning related to conveyances. - Option C, 'personal property left in a will,' does not accurately define what Demise deals with in the context of real estate.