The person who agrees to pay for the use of real property owned by another is known as the:

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The person who agrees to pay for the use of real property owned by another is known as the tenant. The lessor is the owner of the real property who grants the right of possession and use to the tenant. A warrantor is someone who provides a guarantee or assurance related to real property. Bailor is a term used in personal property, referring to the owner who delivers the property to another party for temporary use.

The Person Who Agrees to Pay for the Use of Real