THHN is UL listed with a rated 90 degrees Celsius in dry locations or 75 degrees Celsius in wet applications with a THWN rating. The vast majority of THHN building wire carries a dual rating on the cable marked THHN / THWN for both the wet and dry temperature rating. THHN building wire may also be used for wiring of machine tools, control circuits or on certain appliances.
A grantee is the entity receiving title to a piece of real estate. The grantee is the buyer. When the grantee sells the property, the grantee becomes the grantor. Simply put, the grantee is the recipient. You can be a grantee even without receiving a property deed. For example, a land contract features both a grantor and a grantee. The grantor is the owner and the grantee is the buyer who is acquiring an equitable interest, but not bare legal interest, in a property. Types of Deeds Naming Grantor and Grantee The five most common types of property deeds are:
DEFINITION of 'Lessor'. The owner of an asset that is leased under an agreement to the lessee. The lessee makes one-time or periodic payments to the lessor in return for the use of the asset. The lease agreement is binding on both the lessor and the lessee, and spells out the rights and obligations of both parties.