The extinction of inheritance takes place where what has been left by the will ceases to exist. The rent can be extinguished by the tenant who acquires the rental property from the landlord or by granting, releasing or transferring the rental agreement. A debtor`s debt is considered extinguished when the debtor (borrower) is no longer required to repay the obligation and is discharged by law. Deletion is sometimes confused with merging, although there is a clear distinction between them. Merger is only one type of annulment and only applies to successions in certain circumstances, but extinction is a concept of general application to rights as well as successions. Extinction means the end of a thing and excludes the existence of a future life in it; In fusions there is a continuation of the substance of the thing, except that it merges into a separate thing with a new identity and becomes part of a separate thing. CANCELLATION, contracts. The destruction of a right or contract, the act by which a contract is null and void. (2) The removal of works of art may be real and legal. 1. In fact, it is either explicit, as if one receives satisfaction and complete settlement of a debt and the creditor discharges the debtor 11 John.
513`; or implies, as if a person has an annual rent of the land and either by descent or by purchase becomes the owner of the estate subject to payment of the rent, the latter expires 3 stew. 50X But the person must have as high a discount in the country as in the rent, otherwise the rent will not disappear. Co. Litt. 147. See merge. 3. There are many cases in which the claim has lapsed by operation of law; If, for example, two persons are jointly and severally liable, but not jointly and severally, for a simple contractual debt, a common law judgment against a judgment is a cancellation of the claim against the other debtor.