landlord n : a landowner who leases to others

Landlord \Land"lord`\, n. [See Land, and Lord.]
1. The lord of a manor, or of land; the owner of land or houses which he leases to a tenant or tenants.
2. The master of an inn or of a lodging house. Upon our arrival at the inn, my companion fetched out the jolly landlord. --Addison.

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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). When a juristic person is in this position, the term landlord is used. Other terms include lessor and owner. The term landlady may be used in some jurisdictions for female owners, but landlord can apply to both genders.

See also Tenement.

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. Under the feudalism such relations became widespread.

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, grants 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.

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