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[ US /ˈɫɛsɝ/ ]
NOUN
  1. someone who grants a lease

How To Use lessor In A Sentence

  • 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. Undefined
  • In addition the scheme provided for relief for owner-occupier or lessors of residential property.
  • He was friendly with the Lindsays, Christopher Brennan and Kenneth Slessor.
  • So if the lessor be evicted [foreclosed??] of a part of the land demised, by a stranger on title paramount, it operates as a suspension of the rent pro Canto, and the rent is apportioned and payable only in respect of the residue. lb. WordPress.com News
  • May a lessee for years underlet without the lessor's leave? The Government Class Book Designed for the Instruction of Youth in the Principles of Constitutional Government and the Rights and Duties of Citizens.
  • The next step is for the lessor to make a court application to obtain an order for possession.
  • The lessor then purchases the asset and leases it to the lessee.
  • The primary advantage to the lessor in this transaction stems from the tax benefits.
  • This was an application by the Lessor for determination of the price for enfranchisement of the subject property under the Leasehold Reform Act 1967.
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