lessor

Grants tenancy rights

A lessor is the person or entity that grants a lease—the landlord or owner who allows another party to use property in exchange for payment.

The lessor owns the asset; the lessee rents it.

The term appears in legal and real estate contexts: The lessor is responsible for major repairs to the building.

property

landlord

Property owner renting out

landowner · landholder · owner · holder · possessor · landlady · steward · custodian · seigneur · heritor

realestate

rental

Paid temporary use

broker · agent · zoning · appraisal · valuation · realtor · portfolio · conveyancer · assessor · appraiser

tenancy

tenant

One who rents property

sublet · dwelling · residence · premises · letting · notice · vacancy · deposit · arrears · maintenance

contract

agreement

Shared position between parties

  • tenancyRenter's period of residence
  • termsConditions of an agreement
  • clauseProvision in agreement

obligation · binding · signatory · party · negotiation · execution · renewal · termination · provision · stipulation

Categories
Opposites
property transaction role

lessorlessee

One who rents property

tenant · renter · lodger · roomer · occupant

Family

lessee, lessors

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G