Dynamics of Property Rentals Understanding the Roles of Lessor vs Lessee
In the world of property rentals, the terms Lessor vs Lessee are fundamental, yet they are often surrounded by confusion and misunderstandings. These roles are pivotal to the legal and operational dynamics of leasing agreements, whether they involve residential, commercial, or industrial properties. Who is the Lessor? The lessor, commonly referred to as the landlord…