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Define Lessee in Real Estate

Lessee: 

A lessee is a person or entity who is renting or leasing a property from another party. It's a legal term that describes the person who has the right to use and occupy the property, but does not own it.

Example: 

For example, if you are renting an apartment, you are the lessee of the property. This means that you have the right to use and occupy the apartment, but you do not own it.

Illustration of Dumb Ox mascot.

"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"

A lessee is a renter, that's the key,
Of a property they don't own, you see.
They have the right to use and stay,
But the property owner has the final say.

If you're renting an apartment or house,
You're a lessee, as quiet as a mouse.
You pay the rent, keep it clean and neat,
But the property owner's the one in the driver's seat.

So remember, as a lessee, you have some rights,
But always be sure to follow the rules and be polite.
If you have questions or concerns, don't fear,
A real estate agent can help make everything clear.

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