19-02-2024, 08:25 PM
(19-02-2024, 04:42 PM)Jinwului Wrote: if one is not a tenant, then why did HDB uses terms like lessee and lessor? A lessee is a person who rents land or property from a lessor. The lessee is also known as the “tenant” and must uphold specific obligations as defined in the lease agreement and by law. The lease is a legally binding document, and if the lessee violates its terms they could be evicted. In a lease agreement, the lessor is the person or party that issues the lease (allows the property to be rented), and the lessee is the person that the lease is granted to (the person paying rent to use the property). Let's be clear about it and stop being an ostrich!
New citizens may not b aware of this.