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a lessor is the owner, the one who borrows someone something and the lessee is the user, the borrower.

I do understand that you may be trying to assist ?students, in your responses - but no-one...can 'borrow' someone, something!!

Students trying to find answers, should not really use these forums sometimes, unless they already know what they know, but just want confirmation,

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11y ago
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12y ago

A lessor is the person leasing the vehicle out for use (the dealer). A lessee is the person leasing the car for use (the consumer).

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Q: What is the Difference between lessor and lessee?
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Related questions

Who is the lessor and lessee?

lessor is the owner of property


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


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 is a lessor and lessee?

A lessor is someone who grants a lease of something to someone. For example, in a commercial building lease scenario, the lessor is the landlord (building owner), and the tenant will be known as the lessee.


What is the difference between a sales-type lease and a direct financing lease?

Direct Lease A leasing package wherein the lessor buys a specified equipment from the supplier and leases the same to the lessee. Sale and Leaseback A leasing package wherein the lessee sells presently-owned equipment to the lessor to convert fixed asset into cash with the lessor allowing the lessee to retain the full use of the property for a fee over a specified period of time.


If the lessee and lessor use different interest rates to account for a capital lease then total expenses for the lessee will be different from the lessor's total revenues?

yes


What is International Leasing?

International leasing is the hiring or rental of contract equipment between two parties, the lessor and the lessee. The equipment is not owned by the lessee but can be used by him for the duration of the lease.


Is the lessor the landlord or the tenant?

Tenant and lessee are the same thing, they are a person who rents property from a lessor who own property that he wants to lease.


What is the difference between lessor and leaser?

No difference.


What kind of estate can be unilaterally be terminate by a lessor or lessee?

estate at will


How do you spell Leasor?

The owner or person who receives rent is the "lessor" and the person paying rent is the "lessee".


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.