A "devise" in a legal will relates to the transfer of what type of property?

A "devise" specifically refers to the transfer of real property through a will. In legal terms, when a person devises property, they are making a precise provision for the distribution of land, buildings, or other types of real estate upon their death. This term is distinct from other types of property transfers found in estates.

For example, personal property typically encompasses movable items like furniture, jewelry, and vehicles, which are transferred using a different legal term called "bequest." Intangible assets, such as stocks or bonds, fall outside the scope of what a "devise" covers, as do business interests, which may involve more complex arrangements including contracts or partnerships. Understanding this distinction is crucial in the fields of estate planning and property law, emphasizing the specific terminology associated with real property transfers.