lease giver Synonyms

No Synonyms and anytonyms found

lease giver Meaning

Wordnet

lease giver (n)

someone who grants a lease

lease giver Sentence Examples

1. In a lease agreement, the lease giver is the party who grants the right to use an asset to the lease taker.
2. The lease giver retains ownership of the asset during the lease period, while the lease taker has possession and use of the asset.
3. The lease giver typically charges the lease taker a monthly or annual rental payment for the use of the asset.
4. The lease giver is responsible for maintaining and repairing the asset during the lease period.
5. At the end of the lease period, the lease taker typically has the option to either purchase the asset from the lease giver or return it to the lease giver.
6. Lease givers often require lease takers to make a security deposit, which is a sum of money that is held by the lease giver as a guarantee that the lease taker will fulfill the terms of the lease agreement.
7. The lease giver has the right to inspect the asset periodically to ensure that the lease taker is using it in accordance with the terms of the lease agreement.
8. If the lease taker breaches the terms of the lease agreement, the lease giver may have the right to terminate the lease and repossess the asset.
9. In some cases, the lease giver may offer a lease-to-own option, which allows the lease taker to purchase the asset at the end of the lease period for a predetermined price.
10. Leases can be used to finance the acquisition of a wide variety of assets, including real estate, vehicles, and equipment.

FAQs About the word lease giver

What is the meaning of the word lease giver

someone who grants a lease

What are the synonyms of the word lease giver

No synonyms found.

What are the antonyms of the word lease giver

No antonyms found.

What is the usage of word lease giver

In a lease agreement, the lease giver is the party who grants the right to use an asset to the lease taker.

The lease giver retains ownership of the asset during the lease period, while the lease taker has possession and use of the asset.

How to use the word lease giver in a sentence?

The lease giver typically charges the lease taker a monthly or annual rental payment for the use of the asset.

The lease giver is responsible for maintaining and repairing the asset during the lease period.