If X leases an apartment from Y, then X is the ________blank and Y is the ________blank_.

In a leasing arrangement, the roles of the parties involved are defined as follows:

• X is the lessee, which refers to the individual or party that rents or leases the apartment. The lessee has the right to occupy the property for the duration of the lease agreement, as long as they adhere to the terms outlined within it.

• Y is the lessor, which refers to the individual or party that owns the property and is leasing it to the lessee. The lessor retains ownership of the apartment while granting the lessee the temporary right to use the property in exchange for rent.

These terms establish the legal relationship between the parties and outline their respective rights and responsibilities concerning the leased property. In essence, the lessee benefits from having a place to live, while the lessor earns rental income from the property.