Meaning & use
lessor
Last updated
A person or company that leases or rents out property to another party.
See it in a sentence
Under the agreement, the lessor is responsible for major repairs to the building.
The lessor increased the rent when the lease came up for renewal.
A note on using this word
Easily confused with "lessee" (the person renting the property) — the lessor owns and rents out, the lessee pays and occupies.
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