lessor Definition
a person or company that leases property to someone.
Using lessor: Examples
Take a moment to familiarize yourself with how "lessor" can be used in various situations through the following examples!
Example
The lessor is responsible for maintaining the property.
Example
The lease agreement was signed by both the lessee and the lessor.
Example
The lessor increased the rent by 10% this year.
lessor Synonyms and Antonyms
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Summary: lessor in Brief
'Lessor' [ˈlesɔːr] refers to a person or company that leases property to someone. It is often used in legal documents and agreements, such as 'The lease agreement was signed by both the lessee and the lessor.' The lessor is responsible for maintaining the property and may increase the rent over time.
