What is the name for a person who rents equipment to others [closed]

I need a word or two-word phrase for someone who rents their equipment to others. For example: if person A wants to rent a boat from person B, A is a renter but what is B called?

"Lessor" is a legal term that means the owner of a piece of real estate (house, land) that is being leased. I have never heard it used to describe a person who is the owner of rental car or boat. I think you have to say "boat owner" and make it clear from context that the owner is renting out the boat to someone. i think the average person understands the word "renter" to mean a person who is renting something from someone else.

I've lived in two different countries India and USA. In India, it was "land owner" and "tenant". So, this would have been like "boat owner" and "tenant"/"renter". But, in the US, the terms used are more like "lessor" and "Lessee".