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Lessee Meaning: Definition, Examples, and Translations

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lessee

[lษ›หˆsiห ]

Definitions

Context #1 | Noun

real estate

A person who holds the lease of a property; a tenant.

Synonyms

occupant, renter, tenant.

Which Synonym Should You Choose?

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Word Description / Examples
lessee

Typically used in legal and formal contexts to refer to a person who rents or leases a property, especially in commercial or official agreements.

  • The lessee is responsible for paying the monthly rent and maintaining the leased premises.
  • According to the lease agreement, the lessee must inform the lessor of any repairs needed.
tenant

Frequently used in legal and everyday conversations to describe someone who rents a property, usually a residence. Often implies a residential context.

  • The tenant has a one-year lease and pays rent on the first of each month.
  • Tenants must notify the landlord at least 30 days before moving out.
renter

Commonly used in everyday language to refer to someone who pays rent to live in a house, apartment, or other property. Often used informally.

  • The apartment is available for $800 a month, and the renter can move in immediately.
  • The renters complained about the broken heater in their unit.
occupant

Used to describe a person who physically lives or stays in a place. Can apply to anyone occupying a space, not necessarily through rent.

  • The current occupant of the apartment has been living there for two years.
  • Each occupant must follow the building's rules and regulations.

Examples of usage

  • The lessee is responsible for paying rent on time.
  • The lessee has the right to occupy the property according to the terms of the lease agreement.
Context #2 | Noun

legal

A person who is granted the temporary use of a property in exchange for rent.

Synonyms

occupant, renter, tenant.

Which Synonym Should You Choose?

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Word Description / Examples
lessee

Best used in formal or legal contexts when referring to someone who has a lease agreement.

  • The lessee is responsible for any damages that occur in the rental property
  • In the lease agreement, it states that the lessee must pay the rent by the 5th of each month
tenant

Used frequently to describe someone who rents a property, often in housing or apartment living situations.

  • The tenant reported a leaky faucet in the kitchen
  • The building manager sent a notice to all tenants about the upcoming inspection
renter

Commonly used in everyday language to refer to someone who pays rent for the use of a property.

  • The renter was late with the rent payment this month
  • Many young professionals in big cities are renters
occupant

Used generally to refer to someone who resides in a place, whether they own it or rent it.

  • The current occupant of the apartment has filed several noise complaints
  • The house has been vacant for months, and it's hard to believe it finally has new occupants

Examples of usage

  • The lessee signed a lease agreement with the landlord.
  • The lessee has the right to use the property for the agreed-upon period.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Legal Perspective

  • In rental agreements, the lessee has specific rights and responsibilities, often outlined in a legally binding contract.
  • Lessee rights typically include the ability to enjoy the property without disturbance from the lessor.

Real Estate

  • The lessee can negotiate rental terms, such as duration and payment methods, making it a flexible option.
  • Commercial lessees often include clauses for renovations or alterations in their lease agreements, differentiating them from residential lessees.

Financial Aspects

  • Lessee agreements often involve lower upfront costs compared to purchasing, making them appealing for businesses needing equipment.
  • Some lessees benefit from tax deductions on rental payments, depending on local regulations and business classifications.

Sociocultural Impact

  • In urban areas, leasing has become a common way of acquiring housing due to high property prices.
  • The culture of leasing vehicles has grown, with many preferring the latest models without long-term commitment.

Origin of 'lessee'

Main points about word origin

  • The word comes from the French term 'lessรฉ,' meaning 'let' or 'to allow,' showing its roots in renting or permitting use.
  • In Middle English, 'lessee' emerged around the late 15th century, closely connecting to property and landowner agreements.

The term 'lessee' originated from the Old French word 'lesse' which means 'someone who lets or leases'. It has been used in English since the 15th century to refer to a person who holds a lease of property. The concept of leasing property has a long history dating back to ancient civilizations where land was leased for agricultural purposes. Over time, the legal framework around leasing has evolved to protect the rights of both lessors and lessees.

See also: less, lessen, lessened, lessening, lesser, lesson, lessons, lessor, unless.

Word Frequency Rank

At #7,043 in frequency, this word belongs to advanced vocabulary. It's less common than core vocabulary but important for sophisticated expression.