Real Estate InvestingHomebuying Glossary
Landlord
The owner of a rental property who leases it to tenants in exchange for rent.
In plain English
A landlord owns residential or commercial property and rents it to tenants under a lease agreement, taking on responsibilities like maintenance and legal compliance in exchange for rental income.
Why it matters
If you're considering renting out a property — even informally, like a room — understanding landlord obligations in your state matters before you start.
Related terms
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