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When the asset under lease is a piece of real estate, then the lessee is a tenant and the lessor is the landlord. The lessee is the temporary occupant of the property, and the lessor owns the property in which the lessee is staying. Who Holds the Lease of the Property?
The Lessor or Lessors Agent is authorised to enter the Premises after giving reasonable notice, to show the premises to prospective tenants on a reasonable number of occasions during the 21 days before the end of the Lease.
A lessee is a person who rents land or property from a lessor. The lessee is also known as the tenant and must uphold specific obligations as defined in the lease agreement and by law.
For example, in leasehold estate, the landlord is the lessor and the tenant is the lessee. The lessor may be the owner of the property or an agent authorized on the owners behalf.
The Lessor or Lessors Agent is authorised to enter the Premises after giving reasonable notice, to show the premises to prospective tenants on a reasonable number of occasions during the 21 days before the end of the Lease.
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A lessor is essentially someone who grants a lease to someone else. As such, a lessor is the owner of an asset that is leased under an agreement to a lessee. The lessee makes a one-time payment or a series of periodic payments to the lessor in return for the use of the asset.

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