relessor in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Relessor: a party that leases or rents out property to another party, known as the lessee.
Sample Sentences
- The relessor decided to renew the lease agreement after much deliberation.
- In commercial real estate, the relessor often has more negotiating power than the lessee.
- The relessor inspected the property to ensure it was well-maintained before the new tenant moved in.
- When drafting the contract, the relessor included clauses that protected their interests.
- A good relessor understands the importance of maintaining a positive relationship with their tenants.