Ask Difference

Lessee vs. Lessor — What's the Difference?

By Tayyaba Rehman — Updated on October 26, 2023
Lessee is the individual renting the property, while the Lessor is the property owner leasing it out.
Lessee vs. Lessor

Difference Between Lessee and Lessor

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Key Differences

The lessee is the individual or entity that obtains the rights to use and occupy property through a lease agreement. Conversely, the lessor is the property owner who grants these rights.
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Oct 26, 2023
In a lease agreement, the lessee typically pays rent to the lessor in exchange for the right to use the property. The lessor, meanwhile, receives this rent while retaining ownership of the property.
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Oct 26, 2023
Responsibilities of the lessee include maintaining the property's condition and adhering to the lease terms. The lessor is responsible for ensuring the property is habitable and for addressing major repairs.
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Oct 26, 2023
The lessee's tenure on the property is temporary and based on the lease's duration. For the lessor, leasing out property can be a long-term investment or income source.
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Oct 26, 2023
At the lease's end, the lessee usually vacates the property unless the lease is renewed. The lessor can then choose to re-lease the property or use it for other purposes.
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Oct 26, 2023
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Comparison Chart

Role

Rents or leases property
Owns and leases out property
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Financial Flow

Pays rent
Receives rent
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Responsibilities

Maintain property, adhere to lease terms
Ensure habitability, major repairs
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Tenure

Temporary, based on lease
Long-term ownership
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Lease End

Typically vacates or renews lease
Can re-lease or repurpose property
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Compare with Definitions

Lessee

A renter
As a lessee, she was responsible for minor repairs.
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Lessor

A landlord
The lessor collected rent from all tenants.
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Lessee

A tenant
The lessee paid rent on the first of every month.
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Lessor

A property owner
As a lessor, he owned several rental units.
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Lessee

A leaseholder
The lessee renewed the lease for another year.
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Lessor

A rent collector
The lessor raised the rent this year.
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Lessee

A contractual occupant
The lessee received a notice for lease termination.
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Lessor

A property manager
The lessor handled all major repairs promptly.
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Lessee

A user of leased property
The lessee transformed the space into a studio.
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Lessor

A lease provider
The lessor offered a flexible leasing term.
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Lessee

A person who holds the lease of a property; a tenant
The brewery said that the lessees of its pubs have no obligation to buy its beer
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Jan 21, 2019

Lessor

One who leases property; a landlord.
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Lessee

One that holds a lease; a tenant.
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Lessor

(property law) The owner of property that is leased; the landlord to a lease.
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Lessee

An individual or a corporation who has the right of use of something of value, gained through a lease agreement with the real owner of the property.
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Lessor

One who leases; the person who lets to farm, or gives a lease.
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Lessee

The entity to whom a lease is given, or who takes an estate by lease.
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Lessor

Someone who grants a lease
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Lessee

Someone who is allowed to use a house, building, land etc. for a period of time in return for payment to the owner.
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Lessee

Pronunciation spelling of let's see
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Lessee

The person to whom a lease is given, or who takes an estate by lease.
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Lessee

A tenant who holds a lease
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Common Curiosities

Does a lessor have to provide notice before visiting the property?

Generally, yes. Notice requirements are often specified in the lease.
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Is a lessor responsible for property taxes?

Yes, property taxes are typically the lessor's responsibility.
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Can a lessee terminate a lease early?

It depends on the lease terms and potential penalties.
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Can a lessee sublease the property?

Yes, if allowed by the lease terms and the lessor's consent.
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Are lessees responsible for utilities?

This varies and should be outlined in the lease agreement.
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Can a lessor increase rent during the lease term?

This depends on the lease terms and local rent control laws.
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Can a lessee make permanent changes to the property?

Usually, this requires the lessor's permission.
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Does a lessee need insurance for the leased property?

While not always required, it's often advisable for protection.
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Can a lessee renew a lease automatically?

It depends on the lease terms and mutual agreement.
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Can a lessee run a business on the leased property?

This depends on the lease terms and zoning laws.
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Is a lessor liable for injuries on the property?

The lessor could be liable, especially for known hazards.
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Can a lessor evict a lessee without cause?

This depends on local laws and the lease agreement.
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Can a lessee withhold rent for repairs?

In some cases and jurisdictions, but usually with specific conditions.
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Can a lessor enter the property for inspections?

Yes, but usually with notice and at reasonable times.
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Does a lessor have to return a security deposit?

Typically, yes, unless there are damages or unpaid rent.
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Oct 26, 2023

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Author Spotlight

Written by
Tayyaba Rehman
Tayyaba Rehman is a distinguished writer, currently serving as a primary contributor to askdifference.com. As a researcher in semantics and etymology, Tayyaba's passion for the complexity of languages and their distinctions has found a perfect home on the platform. Tayyaba delves into the intricacies of language, distinguishing between commonly confused words and phrases, thereby providing clarity for readers worldwide.

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