Definition of lessor

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Lessor (v. t.) One who leases; the person who lets to farm, or gives a lease..

Lern More About Lessor

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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