0 a person who allows someone to use something that they own, such as land, a building, or a piece of equipment, according to a lease (= legal agreement) --
1 a person or organization that allows another person or organization to use something they own in return for regular payments: --
I certainly suggest that the words "transferor or lessor" ought to be confined to the persons beneficially receiving consideration.
If the lessor had paid for the construction, what would be paid would be an occupation rent and not a ground rent.
I cannot somehow think of a seaside landlady as a lessor.
In the remainder of the cases the leases had either nearly expired or contained special conditions in favour of the lessor.
Second, a lack of information on the true value of land on the part of the lessors could provide the lessees' with bargaining power.
This problem could in a way be solved by the adoption of sharecropping,86 with the lessor bringing in a substantial part of the implements, cattle and seed for sowing.
In this simulation exercise, the lessor has knowledge over the latter but still lacks information over the former.
This matching process was possible because the description of the piece of land in the lessor's declaration usually includes the name of the lessee.
