Legal Definitions - sursum redditio

Definition: Sursum redditio is a legal term in Latin that refers to the surrender of an estate by mutual agreement in conveyancing.

Example 1: John and Jane own a property together. They both agree to surrender their ownership of the property to a new buyer. This surrender of the estate is known as sursum redditio.

Example 2: In a divorce settlement, one spouse may agree to surrender their ownership of a property to the other spouse. This surrender is also considered sursum redditio.

These examples illustrate how sursum redditio is used in legal situations where there is a mutual agreement to surrender ownership of a property. It is a formal process that is often used in conveyancing to transfer ownership from one party to another.