Aug 9, 2025 · A lessee is the party who obtains the right to use an asset or property from another party. This individual or entity typically makes payments, such as rent or lease payments, in …

Mar 31, 2025 · In a residential lease agreement, the lessee is the tenant, so the person who rents and resides in a home, apartment, or unit owned by someone else. The lease gives the lessee …

The meaning of LESSEE is one that holds real or personal property under a lease.

Jan 29, 2025 · Lessee meaning: The other party who obtains the right to use an asset. The lessee can also be an individual or company. Lease vs. rental agreement: Rental agreements are …

Nov 28, 2025 · A lessee is a person who rents land or property from a lessor. The lessee is also known as the “tenant” and must uphold specific obligations as defined in the lease agreement …

LESSEE meaning: 1. a person who has the right to use something such as land, a building, or a piece of equipment…. Learn more.

Apr 3, 2025 · A lessee is anyone—an individual or a business—who rents or leases property from another party, known as the lessor. It’s a formal word you’ll often see in lease agreements, …

Definition of lessee noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

LESSEE definition: a person, group, etc., to whom a lease is granted. See examples of lessee used in a sentence.

A lessee, or renter, is a person who pays to use someone else's property, like an apartment or car, for a set period of time.