California Natural Gas Citygate Price: California Natural Gas Citygate Price is at a current level of 3.64, up from 3.30 last month and up from 3.02 one year ago. This is a change of 10.30% from last month and 20.53% from one year ago. California Natural Gas Citygate Price Chart.
a person who grants a lease. [1350â1400; Middle English lesso(u)r < Anglo-French. lessor. a person or entity that grants a lease to another; a person or entity that leases property as a landlord.
A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset. Broadly put, a lease agreement is a contract between two parties, the lessor and the lessee. The lessor is the legal owner of the asset, the lessee obtains the right to use the asset in return for rental payments. The narrower term rental agreement can be used to describe a lease in which the asset is tangible property. Language used is that the user rents the land or goods let or rented out by the owner.