arrendato

Arrendato is a term primarily used in some Romance language legal and economic contexts, particularly in Italy, to refer to a lessee or tenant. It signifies an individual or entity that has acquired the right to use a property, asset, or service for a specific period in exchange for payment, known as rent or a lease payment. The agreement establishing this relationship is typically called an "arrendamento."

This concept is broad and can encompass various types of arrangements. For instance, it can apply to the rental of real estate, such as apartments or commercial spaces, where the arrendato has the right to occupy and use the property. It also extends to the leasing of movable assets, like machinery, vehicles, or equipment, where the arrendato gains temporary possession and use of these items. In a broader economic sense, it can even describe the act of hiring out services or intellectual property rights for a fee. The fundamental characteristic of an arrendato is their role as the party receiving the use or benefit of something owned by another, for which they pay compensation over a defined term. The rights and obligations of the arrendato are usually detailed in a contract, outlining the duration of the agreement, the amount of rent, and conditions for maintenance and use.