Who is a Landlord?

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.

Would you like to learn more about Real Estate? Have you ever wanted to become a New Jersey Real Estate Salesperson License holder? Want to know more about being a New Jersey Licensed Real Estate Agent? Click on the link for the schedule of our upcoming classes for Real Estate: tocrres.com

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