What is the difference between a lessor and a lessee?

By Forinfos - 23/01/2026 - 0 comments

A lessor is a person or organization that owns an asset, such as real estate, and a lessee is a person or organization that makes installment payments to use the asset. In real estate rentals, the lessor is the landlord and the lessee is the renter.

A lease relationship can also exist for non-physical property such as trademarks or brand names. An example is restaurant chains such as Wendy's that allow franchises to use the name in exchange for a franchise fee.

It's important to have a contract that stipulates the agreements and rights of the lessor and lessee as it aids in resolving any disputes that might arise.

Login to Comment

Comments

Be the first to write a comment for this article.

Related Articles

What is the difference between SSI and SSA? What is the difference between wireless WAN and wireless LAN? What is the difference between Wi-Fi and wireless? What is the difference between treble and bass clef? What's the difference between SSI and SSDI? What is the difference between dominant and recessive alleles? What is the difference between Access and Excel? What is the difference between an online Mass and Mass in-person? What is the difference between a rat and a possum? What is the difference between mass and volume?

Trending Articles

How do you draw a cross? Is Atlantis real? How tall is Noel Paul Stookey? How do you order Scholastic SeeSaw club books? How do you draw an airplane? How long was Odysseus on Calypso's island? How do you watch WTOV9 sports? Does WapaTV have a live streaming app? How do you submit a video to AFV home videos? How do you create a punchlist for your project?