rental property
Landlord's income source
A rental property is real estate owned by one party and leased to another in exchange for regular payments.
The term typically refers to residential units like apartments, houses, or condominiums, though it also applies to commercial spaces.
Owners of rental properties—landlords or property management companies—generate income while tenants gain occupancy without the commitment of ownership.
She owns three rental properties in the city.
Rental property is often discussed in contexts of investment, taxation, and housing markets.
- townhouseAttached multi-floor urban residence
- apartmentRented unit in building
- security depositRefundable tenant payment upfront
- condominiumOwned unit, shared grounds
- lease agreementContract for temporary occupancy
landlord · eviction notice · tenant screening · first and last · triplex · vacancy rates · Section 8 · fair housing act · tenant rights · operating expenses · lease renewal · mortgage · duplex · landlord obligations · capital gains · furnished · unit · amenities
- property typesapartment, condo, townhouse, studio, duplex
- assetscash, money, investments, bank accounts, savings
- rentingtenant, landlord, renter, lease, lease agreement
- propertyland, ownership, house, home, lot
- rentalsvehicle hire, car, holiday home, motel, bed and breakfast
- money pitsfixer-upper, fixer-uppers, boat, boats, yacht
rental propertypermanent home
Lasting place of residence
forever home · permanent residence · homestead · family estate · ancestral home