LANDLORD Meaning and
Definition
-
A landlord is a person, organization, or entity that owns and leases property to another person, known as the tenant, in exchange for payment called rent. The term "landlord" is primarily associated with residential or commercial real estate leasing, although it can also extend to other forms of property rental, such as agricultural land, urban plots, or even vehicles.
As the legal owner of the property, the landlord holds certain rights and responsibilities. These may include advertising and showing the property to potential tenants, setting the rental terms and conditions, collecting rent, maintaining the property's habitability and safety standards, and resolving any disputes or issues that may arise during the tenancy.
Landlords play a crucial role in the rental market by providing individuals and businesses with access to housing and other types of properties they may require. They act as intermediaries between tenants and property ownership, ensuring that the leasing process is conducted fairly, legally, and in accordance with local regulations.
In many jurisdictions, there are specific laws and regulations governing landlord-tenant relationships, covering aspects such as rent increase limitations, security deposits, eviction procedures, and tenant rights. These laws aim to protect both parties involved and promote a harmonious and transparent rental market.
-
The master of a house; the proprietor of houses or lands; one who keeps an inn or tavern.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Top Common Misspellings for LANDLORD *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for LANDLORD
Etymology of LANDLORD
The word "landlord" has its origins in Old English. It is derived from the combination of two Old English words: "land", which referred to the earth or soil, and "hlāford", which means "master" or "lord". In medieval and feudal societies, the term "landlord" referred to the individual who owned and controlled the land, often leasing or renting it to others in exchange for various forms of payment or services. Over time, the word evolved to its current usage, specifically referring to the owner or lessor of a property who receives payment in the form of rent from tenants.
Similar spelling words for LANDLORD
Infographic
Add the infographic to your website:
