Concept in Definition ABC

We understand a landlord to be that person who acts as a provider of a Department, house or property to another person who pays for it. The landlord is, in other words, the owner of the property and because he doesn't use her as his own living place, you rent it temporarily to another in order to obtain an X amount of money or capital in exchange for that share. In this relationship between landlord and tenant (the latter being the one who rents or pays for such property), the landlord is always the one who has the greater number of rights and benefits since he is the one who owns the property and therefore can make many more decisions about it than the tenant.

The link between the landlord and the tenant is established from the moment the contract location. While many parties act in good faith by having confidence or prior knowledge, the most common (and at the same time recommended) is to act with a through contract that clearly establishes the roles of each party. The contract specifies who will act as landlord and who as tenant, in addition to marking the rights and benefits of both parties.

The landlord is, then, who owns a property (either this property or piece of furniture, such as a house or a car respectively) who decides to put it up for rent so that another person makes usufruct of it in exchange for the equivalent in capital or services. Although the contracts protect tenants in many issues, the landlord is the one who has more rights already who may cancel the contract if he considers it necessary to observe damages against his property.

It is common to find people who are exclusively dedicated to the possession and rental of properties since such activity it can generate many economic benefits, allowing the person to live in an accessible and easy way.