What is leasee meaning?

A leasee is a person or entity that rents or leases property from a landlord or property owner. The leasee is also referred to as the tenant or the lessee. The terms of the lease agreement typically dictate the rights and responsibilities of the leasee, including the payment of rent, maintenance of the property, and adherence to any restrictions or guidelines specified in the agreement. The leasee may be responsible for certain repairs or improvements to the property, while the landlord may be responsible for major maintenance or repairs. The leasee has the right to occupy the premises for the duration of the lease agreement, so long as they comply with the terms of the lease.