Landlords are individuals or entities that own and rent out properties to tenants. They play a crucial role in the housing market, providing homes for people while generating income from their investments. The relationship between landlords and tenants is often governed by rental agreements, which outline the rights and responsibilities of both parties.
In addition to collecting rent, landlords are responsible for maintaining the property and ensuring it meets safety standards. This includes addressing repairs, managing utilities, and sometimes dealing with tenant disputes. Effective communication and management skills are essential for successful landlords to foster positive relationships with their tenants.