Prospective lessor definition

Prospective lessor means a person regularly engaged in the business of leasing or selling vehicles who enters into a prelease agreement under s. 218.0144 with a prospective lessee, or who otherwise intends to become a lessor.

Examples of Prospective lessor in a sentence

  • Prospective lessor shall reimburse prospective lessee for the costs of all material required by the repairs made by prospective lessee.

  • Prospective lessor must be owner/ operator of warehousing facility.

  • Prospective lessor is the owner of real property that will shortly be available for lease.

  • Prospective lessor shall enter into a written lease agreement with prospective lessee on or before _________[date], by which prospective lessor shall lease to prospective lessee the residential property owned by prospective lessor located at _________[address], _________[city], _________ County, _________[state], for prospective lessee and _________[his or her] family to occupy and use as their residence.

  • Prospective lessor shall be liable for the payment of all real property taxes assessed against the residential premises and shall pay the costs incurred for water and sewer services.

  • Prospective lessor shall be liable for the payment of all real property taxes assessed against the residential premises and shall pay the costs incurred for water, sanitation, and sewer services.

  • Prospective lessor shall be responsible for making all structural repairs at _________[his or her] own expense.

Related to Prospective lessor

  • Truck lessor means a person who holds the legal title to any motor vehicle, trailer, or semitrailer

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Mortgagee The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Lessors means a lessor under a Superior Lease.

  • Leasehold Mortgagee means the holder of a Leasehold Mortgage.

  • Occupant means any person or persons over the age of eighteen years in possession of the property.

  • Landlord shall have the meaning given such term in the preambles to this Agreement and shall also include their respective permitted successors and assigns.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that: