lessee
lessee
Definition
les·see (les ē′)
lessee
Synonyms
lessee
Law Definition
n
The tenant
of real property, or holder of personal property, under a lease.
lessee
Usage Examples
Converse of object
- become: In 1755, a new company, with Mr Ronald Crawford at its head, became lessees of the whole mines.
- allow: Hire purchase agreements allow the lessee to claim capital allowances.
- default: If there is still money left that will be given to the defaulting lessee as cash.
- enable: This will enable the lessees to apply for local authority grant-aid to improve or repair the property if necessary.
- mean: The new regime will mean that lessees may be able to claim capital allowances on assets they have financed on lease terms.
Converse of subject
- hold: If the lessee is to be responsible, the trustees must ensure that adequate insurance is held by the lessee.
- pay: Ground rent A yearly fee paid by lessees to their landlord.
Adjective modifier
- original: This scheme does not apply where the new lease is granted to the original lessee otherwise than under a right in the original lease.
- present: Rent £ 16,900 per annum History The present lessee acquired the premises 2 1/2 years ago.
- new: Rush to implement car cheap driver insurance new lessees of a of per person.
- prospective: Prospective purchasers and/or lessees ought to seek their own professional advice.
- former: George married Sarah Ody, widow of James a former lessee.
- other: It has long been a criticism of property law that lessees only have a legal relationship with their landlord and not with other lessees.
Modifies a noun
- accounting: The ASB will continue to consider issues raised by respondents, focusing on lessee accounting initially.
Noun used with modifier
- head: Network Rail currently owns the freehold of the site, with English, Welsh & Scottish Railways as the head lessee.
- end: Previously, the Inland Revenue had taken the view that the tests were applied to the end lessee only.
Possessives
- interest: Therefore, the discussion was not directly concerned with the value of the lessee's interest.
Preposition: of
Browse dictionary entries near lessee
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