landlord

noun land·lord \ ˈland-ˌlȯrd \
Updated on: 9 Nov 2017

Definition of landlord

1 :the owner of property (such as land, houses, or apartments) that is leased or rented to another
2 :the master of an inn or lodging house :innkeeper

Examples of landlord in a Sentence

  1. agreed to pay the landlord the rent on the first Monday of each month

  2. a weekend workshop that is intended to disabuse would-be landlords of a bed-and breakfast that the job is one long vacation

Recent Examples of landlord from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'landlord.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of landlord

before 12th century

landlord Synonyms


Financial Definition of LANDLORD

landlord

What It Is

A landlord is an individual who owns real estate that he or she leases to renters.

How It Works

Landlords may own either residential or commercial properties. They lease the properties to families or companies in return for monthly rent. As the owning party, a landlord's obligations include structural maintenance and repairs as well as property tax payments (typically built into the rent).

For example, suppose Bob owns a three-bedroom apartment that he chooses to lease for rent. A family enters into a lease contract with Bob, the landlord. The family agrees to pay him $1,000 each month for a specific length of time (usually one year) in return for the right to live in the apartment.

Why It Matters

By leasing their properties, landlords can generate cash flow that accompanies the appreciation in their properties' market value.



LANDLORD Defined for English Language Learners

landlord

noun

Definition of landlord for English Language Learners

  • : a person who owns a house, apartment, etc., and rents it to other people

  • : a man who runs an inn, pub, or rooming house


LANDLORD Defined for Kids

landlord

noun land·lord \ ˈland-ˌlȯrd \

Definition of landlord for Students

1 :a person who owns land or houses and rents them to other people
2 :a person who runs an inn or rooming house

Law Dictionary

landlord

noun land·lord

legal Definition of landlord

:the owner of property (as houses, apartments, or land) that is leased or rented to another


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