In a lease agreement, who does the lessor refer to?

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In a lease agreement, the term "lessor" specifically refers to the landlord or owner of the property being leased. This is the individual or entity that grants the lease to another party, allowing them the right to use and occupy the property for a specified time in exchange for rent.

Understanding the roles in a lease agreement is crucial. The lessor is responsible for maintaining the property and ensuring that it meets legal and safety standards, while the lessee (or tenant) pays rent and agrees to adhere to the terms of the lease. Therefore, identifying the lessor as the landlord or owner aligns with the definitions and roles outlined in real estate terminology, making this answer the most accurate and relevant in understanding lease agreements.

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