Certified Pennsylvania Evaluator Practice Exam

Who holds the right to occupy a property as per a lease agreement?

1. Lessor

2. Lessee

3. Property Owner

4. Occupant

The correct answer is: Lessee

The lessee holds the right to occupy a property as per a lease agreement. In this context, the lessee, often referred to as the tenant, enters into a contractual arrangement with the lessor, or landlord, allowing them to use or occupy the property for a specified period in exchange for rent. This legal agreement grants the lessee certain rights to the property during the lease term, including the right to residence and use of the space as detailed in the lease. Understanding this relationship is fundamental in property law, as it defines the roles and responsibilities of both parties involved. While the lessor retains ownership and certain rights over the property, it is the lessee who has the right to occupy and benefit from the property under the terms of the lease agreement.