lessor
pronunciation
How to pronounce lessor in British English:
UK [leˈsɔː(r)]
How to pronounce lessor in American English:
US [ leˈsɔːr]
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- Noun:
- someone who grants a lease
Word Origin
- lessor (n.)
- "one who grants a lease," late 14c., from Anglo-French lessor (late 13c.), from verb lesser (see lease).
Example
- 1. Lease contract the lessor has the following obligations .
- 2. The lessor leases to the lessee all that .
- 3. No implied covenant of lessor as to repairs on the leased premises .
- 4. The lessor could terminate the rental contract in following cases .
- 5. Where a third party claims rights , the lessee shall promptly notify the lessor .