Lessor: A person or entity who owns property (for example, real estate or equipment) to which a lessee receives use and possession in exchange for a payment of funds.
Lessor
(n) Lessor is the person who lease out his property to any other person for a specific period as per the terms and conditions contained in the lease agreement, for a consideration or rental pre-fixed.
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Lessor: Company which leases vehicles.
Lift Axle: Extra, unpowered axle needed only when the vehicle is loaded, allowing it to meet federal and state vehicle weight standards.
Lessor: The person who grants a lease to a lessee.
Let: 1. To rent or lease. 2. To award a contract to one of the bidders, as to let a contract.
lessor
n. the owner of real property who rents it to a lessee pursuant to a written lease. Thus, he/she/it is the landlord and the lessee is the tenant.
lessor: (See landlord.)
Letters of Conservatorship: A court paper that states that the conservator is authorized to act on the conservatee's behalf. Also called "Letters." ...
LESSOR. contr. He who grants a lease. Civ. Code of L. art. 2647.
LESTAGE, Eng: law. Duties paid for unlading goods in port. Harg. L. Tr. 75.
LET. Hinderance, obstacle, obstruction; as, without let, molestation or hinderance.
Lessor
A person or entity that grants a lease to another. Commonly referred to as the Landlord.
Letter of Intent (LOI) ...
Expanded Legal Definition of LesseeLessor The person who grants a lease, usually the owner of the thing leased.
With respect to the amount of the rent for which a lessor may in different cases be entitled to make a distress, it may be laid down as a general rule, that whatever can properly be considered as a part of the rent may be distrained for, ...
to take possession <lessor shall have the right to ~ and take possession> often used in deeds and leases
1 : to come or go into <he breaks into and ~s a vehicle Code of Alabama>
see also break breaking and entering ...
In a landlord and tenant relationship, the parties are often referred to as lessor (landlord) and lessee (tenant).
Quiet enjoyment: Implied obligations of a lessor that a lessee's peaceful enjoyment of the premises shall not be interfered with by the lessor or by any person who claims under him.
" See also: lease lessee lessor rent tenant; Landlord is also called a 'lessor' of rental property. Landlord essentially allows a tenant to live and use his house, an apartment, or a commercial building, in exchange to monthly or yearly payments.
" The cases to which it applies are mainly cases of either (A) apportionment of rent due under leases where at a time between the dates fixed for payment the lessor or lessee dies, or some other alteration in the position of parties occurs; ...
SAISIE-GAGERIE,
French law. A conservatory act of execution, by which the owner, or principal lessor of a house or farm, causes the furniture of the house or... more ...
Tenants at will. One who holds lands as tenant at the will of the lessor. A tenancy at will is one which may be determined at the will or pleasure of either party. Davis v. Murphy, 126 Mass. 145 (1879), Morton, J.
A lease should cover basic issues such as when the lease will begin and end, the rent or other costs, how payments should be made, and any restrictions on the use of the property. The property owner is often called the "lessor, ...
 See also: Lease, Law, Person, Estate, Property
  
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