Definition of "lessor" [les•sor]

  • (noun) One that lets property under a lease.

Use "lessor" in a sentence

  • "A lessor is required to disclose to the tenant any dangerous condition of the premises, existing when the tenant is given permission, of which the lessor knows or has reason to know and which is not discoverable by the tenant on reasonable inspection."
  • "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."
  • "Unless the lessor is paying the lessee — in which case the lessee’s excess value is a simple unsecured (or undersecured) debt — the leasehold can not be worth more than the fee."

Words like "lessor"

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