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 meaning of LESSEE is one that holds real or personal property under a lease.

2025年1月29日 · Lessor vs. lessee at a glance. Both parties enter into a contract called a lease or rental agreement, typically for residential or commercial real estate. The lessee makes …

LESSEE definition: 1. a person who has the right to use something such as land, a building, or a piece of equipment…. Learn more.

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 …

2025年1月30日 · In legal terms, a lessee is a person or entity who enters into a contract, known as a lease, with the owner of an asset (the lessor). This contract grants the lessee the …

2021年12月12日 · A lessee is a person who rents land or property from a lessor. The lessee is also known as the “tenant” and must uphold specific obligations as defined in the lease …

LESSEE definition: a person to whom a lease is granted ; a tenant under a lease | Meaning, pronunciation, translations and examples

3 天之前 · Lessee: Ownership: The lessor owns the property and has the right to lease it. The lessee doesn’t own the property; they just rent it. Financial Obligations: The lessor may have …

2024年10月11日 · The lessee’s primary goal is to gain access to the asset without the upfront cost of purchasing it outright, which can be beneficial for budgeting and financial planning. On …