A landlord is an individual or entity that owns and rents out property to tenants. They are responsible for maintaining the property, collecting rent, and ensuring that tenants comply with lease agreements.
Landlords can own a variety of properties, including:
Residential properties: Apartments, houses, condos, and townhomes.
Commercial properties: Office buildings, retail spaces, and industrial warehouses.
Agricultural properties: Farms, ranches, and orchards.
Landlords typically receive rental income from tenants in exchange for allowing them to live or work on the property. Part of the lease agreement is determining who is responsible for paying property taxes, insurance, and maintenance costs.
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A landlord is someone who rents property they own to a tenant, either by lease or licence.
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