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

How To Use lessor In A Sentence

  • Article 4A lessee and a lessor shall classify a lease as a financing lease or an operating lease on the lease beginning date.
  • In an operating lease the lessor retains the usual risks and rights of owning the asset.
  • They don't have to worry about resale values or market conditions - the legal ownership of the car remains with the finance company or lessor who may repossess the vehicle in the event of missed payments.
  • Well, the issue was that the obligations of the lessee would not be overlooked because the lessee and the lessor were the same person.
  • What you are telling us is the relationship between the lessor and the lessee and mortgagee.
  • If the tenant bad paid the rent on the day, the payment had been good, though the lessor had died before sun - set; but the executors to account for this to the jointress. ibid. Reports of cases argued and determined in the High Court of Chancery, and of some special cases adjudged in the Court of King's Bench [1695-1735]
  • Where there is an assignment by a lessor to a lessee the interest which the lessee takes is the interest which the lessor himself had.
  • Have you ever heard of a person coppin to a lessor charge. Sanford's wife: He's earned a second chance
  • If the covenant has the meaning suggested by the lessees, the lessors are liable for breach of the implied covenant.
  • There is to be a tax of one-half penny in the pound on the capital value of undeveloped land, and there is to be a ten percent reversion duty upon any benefit accruing to a lessor from the determination of a lease. The Parliamentary Crisis in the United Kingdom
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