The Lessor is usually the owner of the property and the Lessee is the tenant who occupies the property and pays rental payments. The contract that sets forth the terms of their respective duties and responsibilities is the lease agreement. Also called landlord and tenant.
The terms "lessor" and "lessee" refer to the parties involved in a lease agreement. The lessor is typically the owner of the property, while the lessee is the tenant who occupies the property and pays rent. The lease agreement is the contract that outlines the terms of their respective duties and responsibilities. These roles are also commonly known as landlord (lessor) and tenant (lessee). The following examples and case studies illustrate the concept and implications of the lessor-lessee relationship in various legal contexts:
These cases further demonstrate the application and implications of the lessor-lessee relationship in legal proceedings:
For more detailed information, see our related Contracts terms: