Aug 9, 2025 · The fundamental difference between a lessee and a lessor lies in their relationship to the asset’s ownership and usage rights. This distinction highlights that the lessor maintains title to the …

Summary Is it lessee or lessor? 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 …

There are two principal parties in a lease agreement. The lessor is the legal owner of the asset or property, and he gives the lessee the right to use or occupy the asset or property for a specific period.

Jul 30, 2025 · A lessor is a person or organization that possesses an asset or property and gives another person the right to use it for a specified period of time, in return for some type of …

Apr 29, 2025 · A lessor is an individual or entity that owns an asset and grants a lease to another party, known as the lessee, in exchange for periodic payments for the use of that asset.

Jul 22, 2025 · A lessee is the person or business that rents property, while a lessor is the property owner or entity leasing out the space. In simpler terms, the lessee pays to use the space, and the lessor …

Mar 31, 2025 · The lessor is the landlord in a rental agreement, while a lessee is the tenant. Learn more about each party's responsibilities and rights.