{"id":932,"count":1,"description":"What is a lessor?\r\n\r\nA lessor refers to a person or an entity that grants a lease. When the lease granted is for temporary use of real property, the term most commonly used for \u201clessor\u201d is \u201clandlord.\u201d\r\n\r\nIn commercial real estate, the lessor grants use of a commercial space, under a lease agreement. The agreement establishes the lessor\u2019s rights, as well as obligations, regarding the leased property, for the duration of the lease.\r\n\r\nIn exchange for temporary use of the lessor\u2019s property, the tenant (lessee) makes either a one-time payment or periodic payments. The advantage to the lessor of such investments is that the landlord retains ownership of the real estate asset, while generating a return on the investment.\r\n\r\nThe lessor is generally required to lease the property free from damage, or disclose any damage to the property, before the lease agreement is completed. Then, depending on the type of lease that is agreed upon, the lessor will more or less be responsible for the upkeep.\r\n\r\nYou might also be interested in:\r\nHow to increase\/build equity?<\/a>\r\nHow to reduce equity?<\/a>\r\n\r\nSearch other terms\r\n\r\nA<\/a>\r\nB<\/a>\r\nC<\/a>\r\nD<\/a>\r\n\r\nE<\/a>\r\nF<\/a>\r\nG<\/a>\r\nH<\/a>\r\n\r\nI<\/a>\r\nJ<\/a>\r\nK<\/a>\r\nL<\/a>\r\n\r\nM<\/a>\r\nN<\/a>\r\nO<\/a>\r\nP<\/a>\r\n\r\nQ<\/a>\r\nR<\/a>\r\nS<\/a>\r\nT<\/a>\r\n\r\nU<\/a>\r\nV<\/a>\r\nW<\/a>\r\nX<\/a>\r\n\r\nY<\/a>\r\nZ<\/a>\r\n\r\nPopular terms\r\n\r\nAmortization<\/a>\r\n\r\nEquity <\/a>\r\n\r\nNotary Public <\/a>\r\n\r\nProgression\/Regression<\/a>\r\n\r\nAcquisition <\/a>\r\n\r\nAnnuity <\/a>\r\n\r\nAsset <\/a>\r\n\r\nFiduciary <\/a>\r\n\r\nInflation <\/a>\r\n\r\nContingency <\/a>\r\n\r\nEscrow<\/a>\r\n\r\nPower of attorney <\/a>\r\n\r\nReal Estate Agent <\/a>\r\n\r\nEminent Domain <\/a>\r\n\r\nLiability <\/a>\r\n\r\nStatute of Limitations<\/a>\r\n\r\nValid <\/a>\r\n\r\nVariance<\/a>\r\n\r\nContiguous <\/a>\r\n\r\nDeficit<\/a>","link":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-lessor\/","name":"Lessor","slug":"cre-term-lessor","taxonomy":"post_tag","meta":[],"yoast_head":"\nWhat is a Lessor? - Commercial Real Estate Dictionary<\/title>\n<meta name=\"description\" content=\"A lessor refers to a person or an entity that grants a lease. When the lease granted is for temporary use of real property, the term most commonly used for \u201clessor\u201d is \u201clandlord.\u201d\" \/>\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-lessor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lessor Archives\" \/>\n<meta property=\"og:description\" content=\"A lessor refers to a person or an entity that grants a lease. When the lease granted is for temporary use of real property, the term most commonly used for \u201clessor\u201d is \u201clandlord.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-lessor\/\" \/>\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-lessor\/\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-lessor\/\",\"name\":\"What is a Lessor? - Commercial Real Estate Dictionary\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/#website\"},\"description\":\"A lessor refers to a person or an entity that grants a lease. 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