absentee owner
Nonresident property holder
An absentee owner holds property without being physically present to manage it.
The term typically describes landlords who live elsewhere while renting out real estate, or investors who own businesses they don't operate directly: The building had fallen into disrepair under a series of absentee owners.
The phrase often carries negative connotations of neglect or detachment from local concerns.
- landlordProperty owner renting out
- tenantOne who rents property
- propertySomething owned or inherent
- real estateLand and its structures
- rentalPaid temporary use
distant · neglect · investment · investment property · vacancy · remote · deed · lease · rent check · property management · letting agent · management · decay · blight · code violations · foreclosure · back taxes · slumlord
- property ownerslandlord, homeowners, landlords, homeowner, landowner
- property roleshomeowner, landlord, tenant, lessee, occupant
- homeownersmortgage holder, first-time buyer
- landownerslandlords, farmer, rancher, freeholders, homesteader
- real estate investorslandlord, flipper, developer, house flipper, real estate mogul
- land tenurefreehold, leasehold, tenancy, tenure system, land deed