LANDLORD
An individual who owns a real estate property and leases it to another party (also known as tenants) within a certain period and for a specified rental fee. The landlord may either own a residential property or a commercial establishment. During the rental period, the landlord will take care of the maintenance and repairs while the tenant is accountable for the cleanliness and overall upkeep of the property.
A female landlord may be called a "landlady". This is considered a profitable venture because it provides a passive income while maintaining a property that is most likely to appreciate in value.
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Tit for Tat
Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
A Guide to Income Tax: Overlooked Credits and Cuts
The US tax code changes from time to time, and majority of taxpayers cannot name at least three of the most common deductible expenditures. On that ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
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