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lessor
(redirected from lessors)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.03 sec.

One who rents real property or Personal Property to another.

A lessor of land is a landlord.

Cross-references

Landlord and Tenant.


lessor n. the owner of real property who rents it to a lessee pursuant to a written lease. Thus, he/she/it is the landlord and the lessee is the tenant. (See: lease, lessee, landlord, tenant, landlord and tenant)


lessor noun business owner, landlord, owner, propprty owner
See also: landlord, obligee, transferor

LESSOR. contr. He who grants a lease. Civ. Code of L. art. 2647.



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Factors more closely related to rights of legal ownership and control should receive greater weight than those commonly attributable to both lessors and lessees.
Lease Forum offers lessees and lessors online and offline access to multiple liquidation channels for off-lease and surplus equipment, including specialized exchanges and channels.
Sellers and lessors, and their agents, would do well to familiarize themselves with the requirements of the Act and these new regulations well in advance of their effective dates, to avoid delaying transactions and incurring significant penalties.
 
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