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The lessor is considered to be the lien holder because he is the one who has the claim to any rental benefits. He is supposed to collect rental income from the lease.

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11y ago

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Who is the lessor and lessee?

lessor is the owner of property


What is my liability as a lienholder on a motor vehicle?

The lienholder has no liability for any damage done by the buyers vehicle.


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 a lessor?

A lessor is a person or business that rents dwellings to individuals and families. The lessor is typically an owner of the property or an agent of the owner of property. Lessors also rent office and business space to lessees.


Can your car be repossessed from the towing lot that towes your wrecked vehicle?

If there's a lienholder on that vehicle, yes, that lienholder can repossess it.


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.


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.


Can a second lienholder of real property foreclose?

Yes. The second lienholder can foreclose. The new buyer is still responsible for any senior liens.


What is bank of the west boat lienholder address?

To find the specific address for Bank of the West as a boat lienholder, it’s best to contact them directly or check their official website for the most accurate and up-to-date information. Lienholder addresses can vary based on the state and specific loan agreements. Typically, lienholder information is included in your loan documents or title paperwork as well.


Can a cosigner get out of a rental agreement?

Not unless the lessor agrees to release the co-signer from the obligation and that agreement should be in writing.Not unless the lessor agrees to release the co-signer from the obligation and that agreement should be in writing.Not unless the lessor agrees to release the co-signer from the obligation and that agreement should be in writing.Not unless the lessor agrees to release the co-signer from the obligation and that agreement should be in writing.


If primary borrower gets behind in payments can you repo car?

If "you" are the lienholder then yes. If you're not the lienholder or their authorized agent (e.g. a repo man working for them), then no.