If you are a business owner or if you ever want to become one, you absolutely need to know the difference between a lessor and lessee and how these terms compare with related terms like renters ...
The landlord may also be called a lessor. Notice — Tenants must give a landlord notice as to whether they ... Tenant — The person renting an apartment or house. The tenant may also be called the ...
Indemnity: A lease contract provision that absolves the lessor from charges incurred by the lessee. Because the leased vehicle is in the name of the lessor, this indemnity section is necessary to ...
To lease a car means you — the “lessee” — pay a fee to the actual owner of the car — the “lessor,” usually a bank, leasing company or dealership — for the right to use the car ...
The seller then becomes a lessee of the property while the purchaser becomes the lessor. The property's current owner-occupier agrees to sell the asset to an investor for a fixed price.
SFU is the lessor of the ground lease granted to the lands at UniverCity. The lessor, the lessee, and the mortgagee of the UniverCity lands have certain obligations under the ground lease. Therefore, ...
Don’t have the cash to buy a new car outright? No problem. Read on to learn more about auto loans and other financing options. What is the difference between a car loan and a personal loan?
A prominent Cebuano businessman will be summoned by the National Bureau of Investigation-Cebu District Office to confirm his ownership of the property rented by the Tourist Garden Hotel in Barangay ...