The Collaborative International Dictionary of English v.0.48:

Redemise \Re`de*mise"\ (r[=e]`d[-e]*m[imac]z"), v. t.
   To demise back; to convey or transfer back, as an estate.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Redemise \Re`de*mise"\, n. (Law)
   The transfer of an estate back to the person who demised it;
   reconveyance; as, the demise and redemise of an estate. See
   under Demise.
   [1913 Webster]