A landlord is a person who owns and rents out real estate, such as apartments or houses, to tenants. They are responsible for collecting rent from the tenants, maintaining the property, and handling any legal issues that may arise. Landlords also have the right to enforce the terms of the lease, including setting the amount of rent due and evicting tenants who do not pay rent or violate the terms of the lease. Landlords must abide by the laws of their jurisdiction, which may include regulations on how much rent they can charge and how they can evict tenants. As a result, landlords must be familiar with applicable laws and regulations before entering into a rental agreement.
About the author:
Daniel H. Weberman, The Kabinet Founder – Terry I. Weberman, The Kabinet CPA
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