Fine sur concessit is a fine of land wherein the cognizor, in order to make an end of disputes, though he acknowledges no precedent right, yet grants to the cognizee an estate de novo, usually for life or years, by way of supposed composition. It may be done reserving a rent, or the like; for it operates as a new grant.
Fines sur concessit is for the purpose of passing interests where the cognizor has not a freehold in possession. [WATERS v. STEWART, 1 Cai. Cas. 47 (N.Y. Sup. Ct. 1805)].