Lessee

Definition: The lessee is the party receiving the right to possess and use property under a lease. In a real estate lease, the lessee is the tenant.

Example

Maya signs an apartment lease and receives the right to occupy the unit; Maya is the lessee.

Keep the distinction clear

Possession does not make the lessee the property owner. Rent, maintenance, permitted uses, and other obligations depend on the lease and applicable law.

Related terms

Lessor · Lease · Leasehold Estate

Keep studying

Property Manager Duties: The Owner, the Agreement, and the Property

References: Cornell LII: lessee

Pronunciation (US): leh-SEE (capitals show stress)

Pronunciation reference: Merriam-Webster