These regulations cover things like disposal of hazardous materials, required personal safety equipment such as safety goggles, permitted noise levels and fall protection. OSHA inspects workplaces to ensure theyâre following all regulations to reduce chances of accident or injury.
Lessor is a participant of the leasing contract, who takes possession of the property and provides it as a leasing subject to the lessee for temporary possession. Commercial banks, credit non-bank organizations, leasing companies often act as a lessor.
Definition of lessor: An owner of property who rents it to another party, called a tenant. also called landlord. Definition of lessor: An owner of property who rents it to another party, called a tenant. also called landlord. Use lessor in a sentence. â I was glad to be a lessor and not a tenant because I could never make any of my payments on time as a tenant. Was this Helpful? YES NO 2 people found this helpful.