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If a lessee screws a magazine rack on the lessors wall who's does it belong to when the lessee leaves?
Wiki User
∙ 16y ago
If the lesse leaves it, then it belongs to the landlor/lessord. If the lessee removes it, then it belongs to the lessee. In either case, the lessee may be liable for any damage caused by screwing anything to the wall without permission. Your lease or other agreement may certainly specify otherwise.
Wiki User
∙ 16y ago
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What are some words that start with the prefix of less?
lessen, lessened, lessened, lessee, lesson, lessor, lessors, lessons, lessees, lesser
What is the plural of lessee?
The plural of lessee is lessees.
Who is the lessor and lessee?
lessor is the owner of property
What is the correct spelling co-lessee or co-leasee?
co-lessee
If you bought a lease house is the house your or the councils?
It really depends on the terms of the contract - READ IT! Some contracts stipulate that the land belongs to the council while the buildings belong to the lessee. Others have a lease-to-buy option, where the house is the council's until the lessee decides to officially purchase it. Ask your lawyer.
What are some antonyms for the word 'lessee'?
One of the best antonyms for the word lessee would be landlord. Lessee would be the person renting so the opposite would be the person who is offering the place to rent.
Who is the lessor vs lessee in auto registration?
The Lessor is the finance company. The lessee is the person leasing the vehicle from the finance company
Right of lessee can be described as?
encumber
What are the motivating factors for a lessor and a lessee?
The lessor has income producing property available and the lessee needs to rent residential or commercial space.
What are referents?
Banks and suppliers used in the lessee’s business and listed on the lease application. Lessor will contact them to check lessee payment habits.
When a lessee sells leased equipment to a third party the lessor cannot under any circumstances recover the equipment from the buyer?
Wrong. If the lessee sells equipment to someone else that does not belong to him then it becomes stolen equipment. Then the buyer is in possession of stolen equipment. If the buyer knows or should know that the equipment is stolen, he is committing a felony. It is punishable by time in prison. The material is returned to the original owner.
What are credit references?
Banks and suppliers used in the lessee’s business and listed on the lease application. Lessor will contact them to check lessee payment habits.
