Landlord

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Landlord

A property owner who rents property to a tenant.

Landlord

A person who owns real estate and rents it to someone, allowing the renter to live and/or use the real estate in exchange for a fee. The fee is also called rent and is usually paid once per month. In exchange for the rent, the landlord is responsible for the basic upkeep of the property. For example, if the roof collapses, the landlord, rather than the renter, must pay for it. Landlords usually may not deduct the interest they pay on the mortgages of their properties from their taxable incomes, but the rent can provide a steady income with little or no actual work. A female landlord is called a landlady. See also: Passive income.

landlord

The owner of property rented to another. The landlord's interest is called a reversionary interest, while the tenant's interest is possessory.

References in periodicals archive ?
After a tough selection process including mystery telephone calls and an overnight stay from an undercover judge, the Welsh landladies are among a shortlist of 20 finalists who will attend the awards ceremony at Tylney Hall, Rotherwick, Hants, on May 17.: No wonder 'landladies' want a change of imagea:Standards in B&Bs have clearly improved since the 1970s, when American travel writer Bill Bryson first ventured to Britain.
D18530_1 GAME SHOW EXPERIENCE: Wendy Harrison, who runs Bubbenhall House and represented the landladies' team in TV's Test the Nation and (right) the nation's favourite hotel landlady Sybil Fawlty.
But our landladies give you something distinctly Scottish - the warmest of welcomesFor B&B, read Britain's best
Now it's working, Scotland's landladies claim it's a rip-off.
Julie will feature in special episodes of the soap with Liz McDonald (Bev Callard) at a convention for landlords and landladies.
It was one of the bizarre events revealed in a survey of 3500 landladies for the AA's new B&B guide.