Definition of Leasee:
Individual who appears on a lease and is responsible for the terms present in that agreement. There may be more than one leasee on a lease. The leasee must pay any fees that are agreed upon. If the leasor brings about a complaint against the leasee, the leasee would be considered the defendant.
How to use Leasee in a sentence?
- The leasee honored the agreement by paying the rent every month which demonstrated a wherewithal to pay in other life events as well.
- When I rented my new apartment, I was the leasee and all of the responsibilities of renting fell onto my shoulders.
- Bobby was a leasee for the lease of two apartments contracts at one time while the economy was in a recession.
Meaning of Leasee & Leasee Definition