lessor vs lessee
Definitions
noun
- someone who grants a lease
Examples
When a lessee commits a breach of covenant on which the lessor has a right of re-entry, he may elect to avoid or not to avoid the lease, and he may do so by deed or by word.
The insurance company settlement is meant to "indemnify" both insureds, the lessor and the lessee.
In addition the scheme provided for relief for owner-occupier or lessors of residential property.
Definitions
noun
- a tenant who holds a lease
Examples
The claimant was a co-operative and owned the freehold of a block of flats where the defendant was a lessee.
Every buyer, lessee and mortgagee of property in or in the vicinity of a coalmining area should search before exchanging contracts.
And the owner of the property was no doubt a scallywag, trying to defraud the lessee of his money, and threatening to ‘throw [his] things on the street’.
