What is a Landlord?

What is a tenant? A landlord is a person who owns real property and rents it to another. Lessor is another word for landlord. A landlord may be represented by an agent who manages the property.A tenant is a person who rents real property from a landlord. A tenant is sometimes referred to as a renter. Lessee is another word for tenant. What is the difference between renting and leasing? The only difference between renting and leasing is how those terms are generally used to describe the length of time the property is being rented. Renting generally means month-to-month. Leasing generally means for a longer term, such as a year, with limited rights to end the agreement. What is a landlord's responsibility for repairs and maintenance? A landlord must keep the property in a fit and habitable condition. This includes keeping the electrical, plumbing, heating, and other facilities in good and safe working condition, and supplying running water. The landlord must also install an approved ...  more

Broadly speaking, any individual who owns commercial or private property and agrees to rent or lease it to others can be considered a landlord. An apartment complex or rental house may have a 'hands-on' type of landlord, but leasers of retail stores, office complexes, factories and other commercial buildings also pay regular rent to a landlord. A landlord may indeed be the kindly retiree who unclogs your sink, but he or she may also be a Donald Trump-level real estate investor who has little to no contact with individual renters or lessees. A landlord bears the ultimate responsibility for any property he or she owns. This means great care must be taken to find responsible tenants who demonstrate financial stability and a respect for other people's property. Federal laws prohibit a landlord from rejecting an applicant based on race, religion, country of origin and other protected factors, but he or she can still evaluate an applicant's credit history, previous rental experiences and ...  more

The definition: One who owns the right to use and occupy real estate that is transferred to another (lessee) under a lease agreement, a lessor. Real estate in every city, town and neighborhood that is rented is owned by a landlord. The goal of The Landlord Protection Agency is to be a convenient tool for the average residential landlord who needs somewhere to turn when he needs help in the business of rentals. The landlord and rental real estate business encompasses many areas one must at least become somewhat knowledgable in if not a master of it. In other words, a person who is a landlord might wear many different hats, having to do with: • advertising • selling • screening • negotiating • construction • painting • plumbing • property management • collection • lease enforcement and other areas connected with the business of renting real estate. One of those areas is Landlord Tenant Law and the handling of problems and disputes that often come up in the landlord tenant relationship. ...  more