Well, lessee if we can check it out in a dictionary...
les*see (le-se') n. One that holds a lease. [Middle English, from Anglo-Norman, from past participle of lesser, to let out, lease. See LEASE.]
That's as opposed to "lessor", which is the one who lets property under a lease.
Somebody who leases out two really awful properties would be a "lessor of two evils"!