A landlord is the owner of a building or property which is rented or leased to an individual or business, who is called a tenant. Business agreements are usually referred to as commercial or business tenancies or leases, as opposed to residential or private tenancies or leases.
Managers responsible for facilities and premises may be involved in landlord and tenant matters on a regular basis for example when complying with repairing obligations. There have been 11 landlord and tenant acts in the UK since 1709, with the primary one that of 1954.
This topic outlines the main contents of leases and the obligations they impose.
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