lessee
111Lessor — The owner of an asset that is leased under an agreement to the lessee. The lessee makes one time or periodic payments to the lessor in return for the use of the asset. The lease agreement is binding on both the lessor and the lessee, and spells… …
112assignable lease — A lease which contains a provision permitting its transfer by lessee or one which is silent as to lessee s right to transfer his interest and hence a lease which may be transferred. Assignment of lease is distinguishable from sublease to extent,… …
113A condition which prevents a contract from going into operation until it has been fulfilled — Classification Conditions are either express or implied, the former when incorporated in express terms in the deed, contract, lease, or grant; the latter, when inferred or presumed by law, from the nature of the transaction or the conduct of the… …
114consumer — /ksnsfyjuwmsr/ One who consumes. Individuals who purchase, use, maintain, and dispose of products and services. Users of the final product. A member of that broad class of people who are affected by pricing policies, financing practices, quality… …
115assignable lease — A lease which contains a provision permitting its transfer by lessee or one which is silent as to lessee s right to transfer his interest and hence a lease which may be transferred. Assignment of lease is distinguishable from sublease to extent,… …
116A condition which prevents a contract from going into operation until it has been fulfilled — Classification Conditions are either express or implied, the former when incorporated in express terms in the deed, contract, lease, or grant; the latter, when inferred or presumed by law, from the nature of the transaction or the conduct of the… …
117consumer — /ksnsfyjuwmsr/ One who consumes. Individuals who purchase, use, maintain, and dispose of products and services. Users of the final product. A member of that broad class of people who are affected by pricing policies, financing practices, quality… …
118subject to — Words of qualification. Consolidated Coal Co. v Peers, 166 Ill 361, 46 NE 1105. Words of qualification of the estate granted by a deed. 23 Am J2d Deeds § 217. Words of condition; sufficient to destroy the negotiability of the instrument where… …
119lease and release — noun 1. : a nearly obsolete common law mode of conveyance of freehold estates by means of a lease vesting a leasehold estate in the lessee upon actual entry and a subsequent release of the reversion to the lessee, thus vesting the fee in the… …
120Renting — This article is about an agreement for payment for temporary use. For other uses, see Rent (disambiguation). Rentals redirects here. For the rock band, see The Rentals. Renting is an agreement where a payment is made for the temporary use of a… …
