What's the difference between leaseholder and lessee?
Leaseholder
Definition:
(n.) A tenant under a lease.
Example Sentences:
(1) But the company is facing a loss of business as leaseholders seek to recover service charges or replace it as manager at LVTs.
(2) If students are renting out a leasehold flat, they don’t care how much noise they make.
(3) Two refused to make any payment to secure business, one claiming such an arrangement would "contravene the rules and be unfair to leaseholders".
(4) The slums will be easier to shift out than the formal leaseholders, according to sources on the panel.
(5) There have long been calls for an overhaul, or at least regulation, of the leasehold sector.
(6) His first step was to bring the residents together so he could bring a leasehold valuation tribunal (LVT) case against the freeholder and property manager.
(7) My proudest achievement since the 2001 general election: New legislation which protects leaseholders from being dictated to over which insurance company they use.
(8) It is better that it will now be covering the whole of the leasehold sector."
(9) This is where you and the other leaseholders take over the management responsibilities – organising repairs, gardening and maintenance, but not collecting the rent – from the landlord or management company.
(10) Leaseholds started in the 1850s had five or 10 years left to run, the property was unsellable, no one would repair it.
(11) Outright sales have been ruled out because the returns for the Greek state wouldn’t be higher than a leasehold arrangement, he said.
(12) At an LVT, leaseholders have a choice – they can dispute individual service charges and assessments, ask the tribunal to appoint a different manager, or try to take over the management of their block themselves using the "right-to-manage" process.
(13) John James, the managing director of Soho Estates faced the loud-hailer wielding women outside the firm's offices, assuring them that he "had no problem with this type of work" but had no choice but to inform the leaseholder of the flats that they could lose their lease if they were to allow "immoral activities", after Soho Estates was issued with an enforcement notice by police.
(14) It also left £65m of cash in the business, later increased to £74m, as well as about £100m of freehold and long leaseholds.
(15) In the coming months, a tribunal will hear a £2.6m claim for overcharging alleged by more than 300 leaseholders at the striking St George Wharf development on the river Thames.
(16) Another option is for leaseholders collectively to exercise their "right to manage".
(17) An alternative option for leaseholders who think they are being overcharged is to take their case to the Leasehold Valuation Tribunal (LVT), which adjudicates on whether service charges, including insurance costs, are "reasonably incurred".
(18) First-timer buyers desperate to scramble on to the property ladder should be wary of leasehold flats, as this form of "ownership" is no more than an extended rental that might seem cheaper, but can cost you dear in the end, experts warn.
(19) "That's our biggest challenge – maintaining standards while making it seem as though nothing has changed," said John Singer, the island's current leaseholder.
(20) "Ending the current sale process and looking for a leasehold solution will remove the uncertainty and allows us to help secure the future use of the stadium with more confidence."
Lessee
Definition:
(v. t.) The person to whom a lease is given, or who takes an estate by lease.
Example Sentences:
(1) Lessor selection and the importance of a professional working relationship between lessee and lessor also are explored.
(2) If I hadn't had the help of a personal assistant lent to me by a fellow lessee, I don't know how I would have managed it.
(3) He added the proposed code made matters worse "since pubcos' wealthy lawyers are using it as a way of binding tenants and lessees into the code of practice that is inadequate, including excluding the option of going free of tie".
(4) We have designed a settlement that places the consumers, the owners and lessees in a central, decisive role,” said Elizabeth Cabraser, lead attorney for Volkswagen owners.
(5) Mulholland said the Federation of Small Businesses and the Forum for Private Business had been asking for a free-of-tie option for lessees and an open market rent review.
(6) However, before agreeing to lease, the potential lessee should investigate the lessor's reputation and financial strength.
(7) Specific lease situations are given to illustrate the problems that should be considered by the lessee.