Definition, Meaning, Synonyms & Anagrams | English word LESSEE

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Definitions of LESSEE

1. An individual or a corporation who has the right of use of something of value, gained through a lease agreement with the real owner of the property.
2. The entity to whom a lease is given, or who takes an estate by lease.
3. Someone who is allowed to use a house, building, land etc. for a period of time in return for payment to the owner.
4. Pronunciation spelling of let's see.

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Examples of Using LESSEE in a Sentence

• In Sark, the word tenant is used, and often pronounced as in French, in the sense of feudal landholder rather than the common English meaning of lessee.
• Webster was the lessee of the Haymarket from 1837 to 1853; he built the new Adelphi Theatre (1859); later the Olympic Theatre, Princess's Theatre, London and St James's Theatres came under his control; and he was the patron of all the contemporary playwrights and many of the best actors, who owed their opportunity of success to him.
• Jerrold's father, Samuel Jerrold, was an actor and lessee of the little theatre of Wilsby near Cranbrook, Kent.
• Where a lessee is evicted from, or surrenders or forfeits possession of part of the property leased to him, he becomes liable at common law to pay only a rent apportioned to the value of the interest which he still retains.
• A cancelable lease (UK: determinable/breakable lease) is a lease that may be terminated (formally determined) solely by the lessee or solely by the lessor without penalty.
• A leasehold estate is an ownership of a temporary right to hold land or property in which a lessee or a tenant has rights of real property by some form of title from a lessor or landlord.
• When the legislature failed to end convict leasing, Buchanan's labor commissioner, George Ford, tried to help the miners by suing the state on behalf of the convicts, arguing that the state's primary lessee, the Tennessee Coal and Iron Company (TCI), had no authority to sublease the convicts to TCMC.
• Jack, a convict, William Warren (with the help of the striking miners), had filed a writ of habeas corpus challenging TCMC's authority to hold him prisoner, arguing that the state's primary convict lessee, Tennessee Coal, Iron and Railway Company (TCI), violated its contract with the state by subleasing convicts to TCMC.
• Joachim Edler von Popper (1720–1795), court agent and lessee of the tobacco monopoly from the Habsburgs.
• In Roman law, ground rent (solarium) was an annual rent payable by the lessee of a superficies (a piece of land), or perpetual lease of building land.
• Following Cons' death in 1912, Baylis became lessee and obtained a theatre licence for the Royal Victoria Hall to begin staging theatrical performances.
• Who: The parties involved in the contract, the lessor (sometimes called the owner or landlord) and the lessee (sometimes called the renter or tenant) are identified in the contract.
• Closed-end leases generally provide that the lessee is responsible for insuring the property, for maintaining it in accordance with the lessor's requirements, and for paying any taxes or license fees which may be assessed on the lessor as owner of record.
• KFRE continued to carry 4Kids TV until the block was discontinued by Fox on December 28, 2008, due to a dispute with the block's lessee 4Kids Entertainment; KMPH has also declined to carry Fox's Saturday morning infomercial block Weekend Marketplace, which instead airs on KFRE in 4Kids TV's former Sunday morning timeslot on the station.
• Later that year the Hare and Kendal management ended, and Barrington took over as lessee of the St James's; he cast Aynesworth as Lord Ashwell in The Dean's Daughter.
• This was more appropriate than was known at the time, as Sir Haydn's strong support of the Corris Railway during his time as lessee of Aberllefenni Quarry was instrumental in the railway continuing to operate throughout World War Two and the locomotive therefore avoiding the wartime scrap drive.
• Violation of the warranty of habitability results in constructive eviction, whereby the landlord or lessor has, in effect, evicted the tenant or lessee.
• The Cornwall Minerals Railway (CMR) itself had experienced financial difficulties and from 1 October 1877 had leased its lines to the Great Western Railway (also lessee of and operator of the Cornwall Railway), but as trade improved its income from the lease and a financial arrangement with creditors resulted in the CMR having cash available, and it made arrangements to purchase the Lostwithiel and Fowey line.
• As there are many ways to view how these contracts affect the balance sheets of both the lessee and lessor, FASB created a standard for US accountants and businesses.
• Leased asset is depreciated in books of lessee over its useful life if lessee intends to avail bargain purchase option otherwise depreciable period will be lease term.
• He was roundly criticized by contractor John Fowler, lessee of the Millbrook-Peterborough branch of the Port Hope, Lindsay and Beaverton Railway for underhanded dealings.
• In a double net lease (Net-Net or NN), the lessee or tenant is responsible for property tax and building insurance.
• In August 1983, the Shaws Building and Capitol Theatre were gazetted for preservation by the Urban Redevelopment Authority (URA) and later acquired them in 1984 with Shaw Organisation served as the lessee so that both of the buildings would be preserved as part of a future development.
• A lease, in fact being a bargain and sale upon some pecuniary consideration for one year or some other nominal term, is made by the bargainor of a whole freehold (with no fetter on alienation) to a lessee who is in fact the bargainee (buyer), "by the force of the Statute made for transferring Uses into possession".
• Hrabchak, Nikitenko, Markitan, Dziubenko, Davydchuk, Khodakivskyi, Possessor (Renter, Lessee, Tenant, Possessor), Yastrubenko, Pylyponchyk, Rozhkovskyi, Rozhkivskyi, Zayats, Krasnitskyi.

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