Landlord
The owner who rents a property to a tenant. Landlords must follow fair housing law and state and local landlord-tenant rules.
Also called: lessor, property owner, owner
Related terms
A person or business that rents a property from a landlord under a lease.
A contract between a landlord and tenant that sets the rent, term, deposit and rules for using a property.
A person or company hired to run a rental, including finding tenants, collecting rent and handling repairs. Fees are often a percentage of rent plus leasing fees. Some states require a real estate license.
Federal law that bans housing discrimination based on race, color, religion, sex, disability, familial status, or national origin. Many states add more protected classes.
The legal process a landlord uses to remove a tenant, usually for unpaid rent or lease violations. It must go through the courts, and steps and timelines vary by state and city.