The spelling of the word "Leaser" uses the phonetic transcription /liːsə(r)/. This word is commonly misspelled as "Lessee" which refers to the person who rents something from someone else. "Leaser" on the other hand, refers to the person or company that owns the property and is renting it out. It is important to use the correct spelling and pronunciation of this word in legal and rental agreements to avoid any confusion or misinterpretation of the terms.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.