Lessor vs Lessee - What You Need to Know About How Leases Work
网页A lease is a contractual arrangement where one party, called the lessor, provides an asset for use by the other party, referred to as the lessee, based on periodic payments for an agreed period. The lessee pays the lessor for the usage of the asset or property.
Lessor Definition & Meaning - Merriam-Webster
网页The meaning of LESSOR is one that transfers property (such as a house or a car) by a contract.
Lessor: Definition, Types, Vs. Landlord and Lessee - Investopedia
网页2022年4月23日 · A lessor is the owner of an asset that is leased, or rented, to another party, known as the lessee. Lessors and lessees enter into a binding contract, known as the lease agreement, that spells...
Lessee vs. Lessor – What’s the Difference? - Writing Explained
网页Lessee and lessor are legal terms that are widely used on rental agreements and lease terms. A lessee is the party who rents property from the lessor. A lessor is the party who rents something out.
Lessee vs. Lessor: A Guide to Roles and Responsibilities
网页The main difference between a lessor and a lessee is their role in the lease agreement. The lessor is the legal owner of the property or asset and grants the right to use it to the lessee. The lessee is the one who receives the right to use the property or asset in return for regular rent payments.
Lessor: Definition, Types, and How It Works - SuperMoney
网页4 天之前 · A lessor is the individual or entity that owns an asset and enters into a lease agreement with a lessee. The lessor retains ownership of the asset while providing the lessee with the right to use it for a specified period in exchange for payment. This relationship is prevalent in various sectors, including real estate, automotive, and …
LESSOR Definition & Meaning | Dictionary.com
网页Observe the lessor—a benevolent, dignified, but cautious person! Lessor definition: a person, group, etc., who grants a lease. . See examples of LESSOR used in a sentence.
LESSOR | English meaning - Cambridge Dictionary
网页a person or organization that allows another person or organization to use something they own in return for regular payments: An asset may be repossessed by the lessor in the …
Lessor - definition of lessor by The Free Dictionary
网页Define lessor. lessor synonyms, lessor pronunciation, lessor translation, English dictionary definition of lessor. a person who grants a lease: The lessor agreed to let me stay another month. Not to be confused with: lesser – smaller: She received a lesser amount.;...
lessor Definition, Meaning & Usage | Justia Legal Dictionary
网页Definition of "lessor". The owner of a property who rents it to a tenant. How to use "lessor" in a sentence. The lessor signed an agreement to lease her vacation home for the summer. John, the lessor of the apartment, keeps an excellent record of all rental payments.