Who is referred to as the lessor in a rental agreement?

In a rental agreement, the lessor is the party who grants the right to use and occupy the property to another party, which is typically the landlord. The landlord owns the property and is responsible for its management, maintenance, and any obligations outlined in the lease or rental agreement. The lessor, as the property owner, receives rental payments from the tenant, known as the lessee, in exchange for the temporary use of the property. This relationship is fundamental in understanding rental agreements and the roles involved in a lease transaction.

The other entities mentioned—tenant, property manager, and real estate agent—play different roles. A tenant is the individual who rents and occupies the property. A property manager acts on behalf of the landlord to manage the property, but they are not the owner themselves. A real estate agent assists in the buying, selling, or leasing of properties but does not have ownership rights in the context of a rental agreement. Thus, the landlord as the lessor is the key figure in this arrangement.