What Does "Arrendador" Mean in a Lease?
What Does "Arrendador" Mean in a Lease?
"Arrendador" is a Spanish term that translates to "landlord" or "lessor" in the context of a lease. In a leasing agreement, the arrendador is the party that owns the property and grants the lease to another party, known as the "arrendatario" (tenant or lessee), in exchange for rent or other forms of payment. The arrendador is responsible for providing a property that meets the agreed-upon conditions and for upholding the rights of the tenant as specified in the lease agreement.