What is leaser?

A leaser is someone who grants a lease or rental agreement to another party. The leaser is usually the owner of the property or asset being leased, such as a landlord or a car dealership. A lease agreement outlines the terms of the rental, including rental payments, length of the lease, and conditions of use. The leaser is responsible for maintaining the property and ensuring that the lessee adheres to the terms of the lease agreement. In return, the lessee pays rent and has access to the property for the term of the lease. The leasing arrangement can be beneficial for both parties as it allows the leaser to generate income from their property while giving the lessee access to a specific resource without the burden of ownership.