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Definition of lessor
Thanks for using this online dictionary, we have been helping millions of people improve their use of the english language with its free online services. English definition of lessor is as below...
Lessor
(v. t.) One who
leases;
the
person
who lets to farm, or gives a
lease..
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Lease
::
Lease (v. t.) A
demise
or
letting
of
lands,
tenements,
or
hereditaments
to
another
for life, for a term of
years,
or at will, or for any less
interest
than that which the
lessor
has in the
property,
usually
for a
specified
rent or
compensation..
Rent
::
Rent (n.) A
certain
periodical
profit,
whether
in
money,
provisions,
chattels,
or
labor,
issuing
out of lands and
tenements
in
payment
for the use;
commonly,
a
certain
pecuniary
sum
agreed
upon
between
a
tenant
and his
landlord,
paid at fixed
intervals
by the
lessee
to the
lessor,
for the use of land or its
appendages;
as, rent for a farm, a
house,
a park, etc..
Lessor
::
Lessor
(v. t.) One who
leases;
the
person
who lets to farm, or gives a
lease..
Co-lessor
::
Co-lessor
(n.) A
partner
in
giving
a
lease.
Relessor
::
Relessor
(n.) See
Releasor.
Reentry
::
Reentry
(n.) A
resuming
or
retaking
possession
of what one has
lately
foregone;
--
applied
especially
to land; the entry by a
lessor
upon the
premises
leased,
on
failure
of the
tenant
to pay rent or
perform
the
covenants
in the
lease..
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