C. A person who conveys (rents) property through a lease.
Listen to pronunciationEditor's Note -
Here are the parties to a lease:
Lessor - the party who gives the lease, also called landlord when the lease involves real property.
Lessee - the party who leases the property, also called tenant in a real property lease.
Legal Definition -
One who conveys real or personal property through a lease; especially landlord. Black's Law Dictionary® Eighth Edition © 2004
Recent Usage -
While on the face of it, the lease agreement guarantees the lessee (that is, the beneficiary farmer) and dependants or family, century-long tenancy, in actual terms, the guaranteed duration of tenancy is only three months.
The agreement carries a clause which stipulates that "... the lessor (that is government), reserves the right to cancel this lease and repossess the leasehold, on ninety (90) days notice or any longer notice period as the lessor may deem fit".
That possibility of termination upon three months notice dilutes the whole concept of security of tenure for the farmer under the agreement. The dilution entrenches the description of the document as a defective one. Zimbabwe: 99-Year Lease Gravely Deficient by Chris Mhike, Zimbabwe Independent (Harare)
December 8, 2006
Posted to the web December 8, 2006.