What Is the Meaning of Lessor & Lessee?

Answer People who need a place to live, something to drive, or some expensive piece of equipment have an alternative to buying, called leasing. A lease is a legal agreement between two parties that govern... Read More »

Top Q&A For: What Is the Meaning of Lessor & Lessee

What does improvements by lessor landlord mean?

The lessor or landlord is the owner of the property that is being rented. Improvements by the lessor or landlord means steps that were taken to fix, clean, paint and maintain the property. The rent... Read More »

Can the irs levy on a property affixed to the land of a lessor?

The Internal Revenue Service can, and will, place a levy on the property of a lessor. The term lessor means someone who owns property and rents it to someone else. Being a lessor is no different th... Read More »

What is the meaning of ISP?

ISPInternet Service ProviderA company that provides users access to the Internet. Before you can connect to the Net, you must first establish an account with an ISP. For a monthly fee, the Internet... Read More »

What is the meaning of ray?

The word ray has a variety of meanings, many of which are utilized in the fields of science--botany, astronomy, physics, optics and mathematics.Definition 1A ray can refer to a narrow beam of light... Read More »