{"id":924,"count":1,"description":"\r\n\r\nJump to: \r\nWhat is a lessee?<\/a>\r\nWhat is the difference between lessor and lessee?<\/a>\r\nWhat is lessee status?<\/a>\r\n\r\nWhat is a lessee?\r\n\r\nLessee is another word for \u201ctenant.\u201d\r\n\r\n\r\n\r\n\r\nWhat is the difference between lessor and lessee?\r\n\r\nThe lessee is on the giving end of a lease transaction and is opposed to the lessor, which is the receiving end of a lease transaction (landlord, or owner of the space that is being leased).\r\n \r\nThe lessee is an individual or a business that holds property under a lease. Therefore, subject to terms and conditions that are specified in the lease contract signed by both parties, the lessee (tenant) has the right of use of real property, granted by the real owner of that property.\r\n\r\n\r\n\r\n\r\n\r\nWhat is lessee status?\r\n\r\nDepending on the number and order of the tenants involved in a lease transaction, the lessee can be:\r\n- Anchor lessee\/anchor tenant \u2013 usually applies to either the first tenant to lease a space in a multi-tenant property, or the tenant which leases the most space in a multi-tenant property. Anchor lessees usually benefit from lease terms that grant them advantages over other tenants in the property. For example, in a multi-tenant retail property, such as a shopping mall, the anchor tenant may benefit from an exclusive clause, by which the landlord promises there will be no other tenant would engage in a specific business activity or carry specific type of merchandise, therefore the anchor tenant has exclusivity regarding certain terms, within the property.\r\n- Co-lessee \u2013 when two or more tenants enter a lease agreement for the same space, which they share, each of the tenants is a co-lessee under that agreement. This is more common in residential leases, than commercial real estate leases\r\n- Sub-lessee \u2013 this is a tenant who is leasing the space on which another tenant already has a lease. Unlike a co-lessee situation, the sub-lessee does not share the leased space with the tenant from which it is leasing (see subletting).\r\n\r\n\r\n\r\nYou might also be interested in:\r\n\r\n <\/a>\r\n<\/a>\r\n<\/a>\r\n<\/a>\r\n<\/a>\r\n\r\n\r\n\r\n\r\n\r\nSearch other terms\r\n\r\n\r\nA<\/a>\r\nB<\/a>\r\nC<\/a>\r\nD<\/a>\r\n\r\n\r\nE<\/a>\r\nF<\/a>\r\nG<\/a>\r\nH<\/a>\r\n\r\n\r\nI<\/a>\r\nJ<\/a>\r\nK<\/a>\r\nL<\/a>\r\n\r\n\r\nM<\/a>\r\nN<\/a>\r\nO<\/a>\r\nP<\/a>\r\n\r\n\r\nQ<\/a>\r\nR<\/a>\r\nS<\/a>\r\nT<\/a>\r\n\r\n\r\nU<\/a>\r\nV<\/a>\r\nW<\/a>\r\nX<\/a>\r\n\r\n\r\nY<\/a>\r\nZ<\/a>\r\n\r\n\r\n\r\n\r\n\r\nPopular terms\r\n\r\n\r\n\r\n\r\nAmortization<\/a>\r\n\r\n\r\nEquity <\/a>\r\n\r\n\r\nNotary Public <\/a>\r\n\r\n\r\nProgression\/Regression<\/a>\r\n\r\n\r\nAcquisition <\/a>\r\n\r\n\r\nAnnuity <\/a>\r\n\r\n\r\nAsset <\/a>\r\n \r\n \r\n Fiduciary <\/a>\r\n\r\n \r\n Inflation <\/a>\r\n\r\n \r\n Contingency <\/a>\r\n\r\n \r\n Escrow<\/a>\r\n\r\n \r\n Power of attorney <\/a>\r\n\r\n \r\n Real Estate Agent <\/a>\r\n\r\n \r\n Eminent Domain <\/a>\r\n\r\n \r\n Liability <\/a>\r\n\r\n \r\n Statute of Limitations<\/a>\r\n\r\n \r\n Valid <\/a>\r\n\r\n \r\n Variance<\/a>\r\n\r\n \r\n Contiguous <\/a>\r\n\r\n \r\n Deficit<\/a>\r\n\r\n\r\n\r\n\r\n","link":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-lessee\/","name":"Lessee","slug":"cre-term-lessee","taxonomy":"post_tag","meta":[],"yoast_head":"\nWhat is a Lessee? - Commercial Real Estate Dictionary<\/title>\n<meta name=\"description\" content=\"The lessee is on the giving end of a lease transaction and is opposed to the lessor, which is the receiving end of a lease transaction (landlord, or owner of the space that is being leased).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-lessee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lessee Archives\" \/>\n<meta property=\"og:description\" content=\"The lessee is on the giving end of a lease transaction and is opposed to the lessor, which is the receiving end of a lease transaction (landlord, or owner of the space that is being leased).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-lessee\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialCafe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"CollectionPage\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-lessee\/\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-lessee\/\",\"name\":\"What is a Lessee? 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