Lessee (noun)

A person who rents or holds something under a lease agreement.

Origin:

From the old french lessee, from the infinitive lesser, from latin laxare "to make slack, ease".

Examples:

1. The lessee is responsible for maintaining the leased property.
2. The lessee has the right to use the property for a specified period of time.
3. The lessee is obligated to pay rent to the lessor.
4. The lessee must comply with the terms of the lease agreement.
5. The lessee has the right to renew the lease agreement at the end of the term.