Who is referred to as the lessee in a lease agreement?

Prepare for the Georgia Real Estate Pre-Licensing Test with comprehensive flashcards and multiple choice questions, complete with hints and explanations. Set yourself up for success!

The term "lessee" in a lease agreement specifically refers to the tenant, who is the individual or entity that rents or leases property from another party, known as the lessor. In this relationship, the lessee obtains the right to use and occupy the property for the duration specified in the lease agreement in exchange for periodic rental payments.

The lessee is typically responsible for adhering to the terms and conditions outlined in the lease, including paying rent and respecting property rules. This terminology is a fundamental aspect of real estate law and leasing practices, making it essential for those studying real estate to understand the distinctions between the various roles involved in a lease agreement. Understanding these roles helps in navigating property transactions and leasing arrangements effectively.

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