A conveyance of lands or fene-ments to a person for life, for a term of years, or at will, in consideration of a return of rent or some other recompense. The person wbo so conveys such lands or tenements is termed the “lessor,” and the person to whom they are conveyed, the “lessee;” and when the lessor so conveys lands or tenements to a lessee, he is said to lease, demise, or let them. 4 Cruise, Dig. 58
Source: Black’s Law Dictionary 2nd Ed (1910)
