Landlord

Information about Landlord

Not to be confused with Landlord (beer).

A landlord, is the owner of a house, apartment, condominium, or real estate which is rented or leased to an individual or business, who is called the tenant. When a juristic person is in the same position the term landlord is used. Other terms used are lessor and owner, the term landlady is used in some jurisdictions for females. The tenant can also be called a lesee or renter.

In the United States, landlord-tenant disputes are primarily governed by state law (not federal law) regarding property and contracts. State law and, in some places, city law or county law, sets the requirements for eviction of a tenant. Generally, there are a limited number of reasons for which a landlord can evict his or her tenant before the expiration of the tenancy, though at the end of the lease term the rental relationship can generally be terminated without giving any reason. Some cities have laws establishing the maximum rent a landlord can charge, known as rent control, and related just cause eviction controls. There is also an implied warranty of habitability, whereby a landlord must maintain safe, decent and habitable housing, meeting minimum safety requirements such as smoke detectors and a locking door.

A rental agreement, or lease, is the contract defining such terms as the price paid, penalties for late payments, the length of the rental or lease, and the amount of notice required before either the landlord or tenant cancels the agreement. In general, the landlord is responsible for repairs and maintenance, and the tenant is responsible for keeping the property clean and safe.

Many landlords hire a property management company to take care of all the details of renting their property out to a tenant. This usually includes advertising the property and showing it to prospective tenants, and then, once rented, collecting rent from the tenant and performing repairs as needed.

Sometimes the terms "slumlord" or "ghetto landlord" are used in reference to the owner of dilapidated buildings in blighted urban areas. As a result of declining demand and declining real estate prices, these landlords were often left with completely unprofitable properties and found themselves unable to pay for renovation and the regular maintenance of their property. The situation in many American slums became so dire that landlords were known to set their own buildings on fire in an attempt to collect on the insurance policy.

Licensed victualler

Main article: Public house

In the United Kingdom the owner and/or manager of a public house (pub) is also called the "landlord", "publican", or "licensee". The more formally term is licensed victualler. A female landlord can either be called a landlady or simply landlord.

A charity called the Licensed Victualler's National Homes exists to serve the retirement needs of Britain's pub landlords. The charity also runs a private boarding school, in Ascot, Berkshire, which in addition to regular fee-paying pupils, provides discounted education prices for the children of landlords and others in the catering industry.

Draught

Cask-conditioned draught Landlord (4.3% abv) has a light golden brown colour and a pronounced hoppy (bitter) flavour with fruity/flowery overtones.
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A house is a building lived in by people. The word "house" may also refer to a building that shelters animals, such as a lemur, especially in a zoo. ^[1]
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apartment is a self-contained housing unit that occupies only part of a building. Apartments may be owned (by an owner-occupier) or rented (by tenants).

The term "apartment" is favored in North America, whereas the term "flat
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Property law
Part of the common law series
Acquisition of property
Gift · Adverse possession · Deed
Lost, mislaid, and abandoned property
Alienation · Bailment · License
Estates in land
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Renting is an agreement where a payment is made for the temporary use of a good or property owned by another person or company. The owner of the property may be referred to as the lessor and the party paying to use the property as the lessee or renter.
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lease or tenancy is the right to use or occupy personal property or real property given by a to another person (usually called the or tenant) for a fixed or indefinite period of time, whereby the lessee obtains exclusive possession of the property in return for paying the
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Property law
Part of the common law series
Acquisition of property
Gift · Adverse possession · Deed
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A juristic or juridical person is an artificial entity through which the law allows a group of natural persons to act as if it were a single composite individual for certain purposes, or in some jurisdictions, for a single person to have a separate legal personality other than
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Female (♀) is the sex of an organism, or a part of an organism, which produces ova (egg cells). The ova are defined as the larger gametes in a heterogamous reproduction system, while the smaller, usually motile gamete, the spermatozoon is produced by the male.
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Motto
"In God We Trust" (since 1956)
"E Pluribus Unum" ("From Many, One"; Latin, traditional)
Anthem
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State law in the United States, is the law of each separate U.S. state, as passed by the state legislature (and signed into law by the state governor). It exists in parallel, and sometimes in conflict with, United States federal law.
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Federal law is the body of law created by the federal government of a nation. A federal government is formed when a group of political units, such as states or provinces join together in a federation, surrendering their individual sovereignty and many powers to the central
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Contract Law
Part of the common law series
Contract
Contract formation
Offer and acceptance · Mailbox rule
Mirror image rule · Invitation to treat
Firm offer · Consideration
Defenses against formation
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Colloquially, the word eviction refers to the removal of a tenant from rental property by the landlord. In legal terms, it is also known as unlawful detainer, summary possession, forcible detainer, ejectment, or repossession
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Rent control refers to laws or ordinances that set price controls on the renting of residential housing. It functions as a price ceiling.

In the United States during World War I, rents were "controlled" through the efforts of local rent anti-profiteering committees and
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Just cause eviction controls or Just Cause Ordinances
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A rental agreement is a contract, usually written, between the owner of a property and a renter who desires to have temporary possession of the property. As a minimum, the agreement identifies the parties, the property, the term of the rental, and the amount of rent for the term.
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Property management is the operation of commercial and/or residential real estate. This is much akin to the role of management in any business.

Roles

One important role is that of acting as liaison between the landlord and tenant.
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A slum lord (also spelled slumlord) is a derogatory term assigned to some landlords, generally absentee landlords, who maximize profit by spending little on property maintenance, often in deteriorating neighborhoods. They may charge lower than market rent to tenants.
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There are two major ways in which aggregate home prices are reported: median and mean (average). Prices are also calculated by square foot, using both the mean and median price.
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public house, usually known as a pub, is an establishment which serves alcoholic drinks — especially beer — for consumption on the premises, usually in a cozy setting.
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Motto
"Dieu et mon droit" ^[2] (French)
"God and my right"
Anthem
"God Save the Queen" ^[3]
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Peter Rachman (1920 — 1962) was a London landlord in the mid-20th century, active in the Notting Hill area in the 1950s and 1960s. He became so notorious for his exploitation of tenants that the word " Rachmanism " entered the OED as a synonym for any greedy, unscrupulous
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Housing tenure refers to the financial arrangements under which someone has the right to live in a house or apartment. The most frequent forms are tenancy, in which rent is paid to a landlord, and owner occupancy. Mixed forms of tenure are also possible.
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Landlord harassment is the willing creation, by a landlord or their agents, of conditions that are uncomfortable for one or more tenants in order to induce willing abandonment of a rental contract.
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