Who is referred to as the lessee in a leasing agreement?

In a leasing agreement, the lessee is the tenant who enters into the lease contract to occupy and use the property owned by another party. The tenant, or lessee, is responsible for paying rent and adhering to the terms set forth in the lease, creating a legal relationship with the property owner.

The lessee has rights to the property for the duration of the lease, while the property owner, often referred to as the lessor or landlord, maintains ownership of the property. It's essential to understand this distinction, as the lessee's rights and responsibilities are defined within the lease agreement, which governs the use and conditions of the property.

Understanding the roles of each party in a leasing agreement is crucial for both lessees and lessors to ensure clarity and enforceability of the contract terms.