Lease Meaning Types Step By Step Overview Guide
Lease Meaning Components Parties: Two parties are involved in this arrangement, known as LessorLessorA lessor is an individual or entity that leases out an asset such as land, house or machinery to another person or organization for a certain period.read more and LesseeLesseeA Lessee, also called a Tenant, is an individual (or entity) who rents the land or property (generally immovable) from a lessor (property owner) under a legal lease agreement....