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 a tenant (also a lessee or renter). House generally refers to a Shelter or Building that is a Dwelling or place for Habitation by Human beings. A condominium, or condo, is a form of Housing tenure and other Real property where a specified part of a piece of real estate (usually of an apartment Real estate is a legal term (in some jurisdictions notably in the USA, United Kingdom Lease Renting is an agreement where a payment is made for the temporary See also Leasing, Renting A lease is a Legal document, but can be an oral arrangement which confers a right on one person (called When a juristic person is in this position the term landlord is used. Note This Wikipedia entry deals with the legal concept legal person. Other terms include lessor and owner. The term landlady may be used in some jurisdictions for female owners, but landlord can apply to both sexes. Female (♀ is the Sex of an Organism, or a part of an organism which produces ova (egg cells

History of landlording

See also Tenement. A tenement (from the Latin tenere to hold) in law is anything that is held rather than owned

Landlording may be traced back to the Roman Empire and the manorial system (seignorialism), which began under it — peasants were bound to the land and dependent on their landlords for protection and justice. This article is about the medieval system "Manors" redirects here Under the feudalism such relations became widespread. Feudalism, a term first used in the early modern period (17th century in its most classic sense refers to a Medieval Europe Political system composed ^[1]

Landlord and tenant

The two parties step into relationship under the law of real estate property by signing a contract called lease. With this contract the one party, which has superior title to the property, ie the landlord, grads possession and use of it for a limited period to the other party, ie the tenant. The landlord may not be the actual owner of the property but keeping in some way the right to sub-lease.

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. 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 A contract is an exchange of promises between two or more parties to do or refrain from doing an act which is enforceable in a court of law In general, responsibilities are given as follow: the landlord is responsible for making repairments and property 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. Property management is the operation of commercial industrial and/or residential Real estate. 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.

Being a good landlord, David Berry (who had owned much of what is now known as Berry - the town was named after him) is well remembered by his tenants. Berry is a small Australian town in the Shoalhaven region in the state of New South Wales.

In the United States, landlord-tenant disputes are primarily governed by state law (not federal law) regarding property and contracts. The United States of America —commonly referred to as the State law in the United States, is the Law of each separate U Federal law is the body of Law created by the Federal government of a country Property is any physical or virtual entity that is owned by an individual A contract is an exchange of promises between two or more parties to do or refrain from doing an act which is enforceable in a court of law State law and, in some places, city law or county law, sets the requirements for eviction of a tenant. Eviction is the removal of a Tenant from rental property by the Landlord. 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. Rent control refers to laws or ordinances that set Price controls on the Renting of residential housing Eviction is the removal of a Tenant from rental property by the Landlord. 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.

Sometimes the terms "slumlord" or "ghetto landlord" are used in reference to the owner of dilapidated buildings in blighted urban areas. A slumlord (also spelled slum lord) is a derogatory term for Landlords generally Absentee landlords who attempt to maximize profit by minimizing spending 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. ' Real estate pricing deals with the valuation (finance and there are three main methods appraisals with comparable properties capitalization rate comparisons with similar The situation in many American slums became so dire that some landlords were convicted of arson after they arranged to have their own buildings set on fire in an attempt to collect on the insurance policy.

Aside of bad or leading to lawsuits relations between landlord and tenant, these relations as written and shown by Robert Burns (1759 - 1796) may keep warmth and mutual delight.

The landlady and Tam grew gracious                                                 
Wi' favours secret, sweet, and precious.

– Robert Burns, "Tam o' Shanter", 1791. Robert Burns (25 January 1759 – 21 July 1796 (also known as Rabbie Burns, Scotland's favourite son, the Ploughman Poet, the Bard of Ayrshire

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 United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located In a more formal way the term used 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.

Notes

1. ^ "Landlording" A History

See also

• Anti-Rent War
• Absentee landlord
• Eviction
• Housing tenure
• Land tenure
• Landlords insurance
• Landlord harassment
• Landrecht
• Peter Rachman, notorious slum landlord of the 1950s and 1960s. The Anti-Rent War (also known as the Helderberg War) was a tenants' revolt in Upstate New York during the early 19th century beginning with the death of Stephen Absentee landlord is an economic term for a person who owns and rents out a Profit -earning Property, but does not live within the property's local economic Eviction is the removal of a Tenant from rental property by the Landlord. Housing tenure refers to the financial arrangements under which someone has the right to live in a House or Apartment. Land tenure is the name given particularly in Common law systems to the legal regime in which land is owned by an individual who is said to "hold" the land Landlords insurance is a policy to cover a property owner from financial losses connected with their property which they let out 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 Sachsenspiegel or Mirror of the Saxons (1220-35 is a customary laws collection compiled by Eike von Repgow (1180-1235 Peter Rachman (1919&ndash 29 November 1962 was a London Landlord in the mid-20th century active in the Notting Hill area in the 1950s and 1960s