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The term landlord is becoming obsolete. It has a negative connotation, so the new vernacular is a housing provider. Weve had our internal debate about this and decided to use both terms. While the vast majority of owners are wonderful people, being called a landlord comes with a certain stigma.
New York is considered a landlord-friendly state since rental prices are usually higher, compared to other states. Its also considered a tenant-friendly state because theres a high rate of rent control clauses, so its vital that landlords identify and analyze them for their lease agreement documents.
Typically, the lease will provide that the landlords consent is required for an assignment or sublease. Compare that to a license, which is a personal privilege to perform a certain act or acts on the property with the permission of the owner.
Landlord is used to refer to a person who rents out their property, often regardless of gender. The term landlord derives from Old English landhlaford, which was the equivalent of land + lord. Unlike many modern terms, landlord has a very straightforward etymology.
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