Definition of «lessor»

The term "lessor" refers to a person or entity that leases out property, equipment, or other assets to another party for a specified period and payment. In essence, they are the owners who allow someone else to use their asset in exchange for rent or lease payments.

Phrases with «lessor»

Sentences with «lessor»

Licensees acting for lessors of property are not required to make the disclosure of expected remuneration. (recbc.ca)
Regularly represents banks, factors, commercial lenders and equipment lessors in debt recovery and collection actions, utilizing prejudgment remedies including writs of attachment and writs of possessions, temporary restraining orders and seeking damages for fraudulent transfers. (buchalter.com)
Acted in the landmark Commercial Court case of Pindell and BBAM v Air Asia concerning claims brought by lessor for the loss of an onward sale contract arising from the late redelivery of the aircraft. (shlegal.com)
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