Premises defined as land or buildings, clarifying property scope for conveyances, statutes, and insurance contexts. The term premises is defined as a generic property concept covering land, buildings, or land with buildings and as the subject-matter of conveyances; dictionaries and authorities treat it as encompassing lands, tenements, messuages, buildings and hereditaments, and sometimes definite localities or rooms, with context determining its precise scope for conveyance, statutory and insurance uses.