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lessee |
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Lessee
Lessee A tenant; one who has obtained the right to use land, a house, and/or property from its owner. Sometimes, this includes the right to develop land belonging to another, but normally it is the right to live on an already developed property. The contract governing a lessee's rights is a lease; it generally includes the lessee's right to use the property under certain conditions without undue interference from the lessor for the period of time described in the lease. In exchange, the lessee pays rent. lessee A tenant; the person or entity entitled to possession under a lease. Lessee One who rents property from another. In the case of real estate, the lessee is also known as the tenant. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Lending Securities Leprechaun Leader Leptokurtosis Less Developed Country Less than Container Load Less-developed countries less-than-freehold estate lessee Lessor let Let Your Profits Run Letter Bond Letter of Administration letter of attornment Letter of comment |
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