Definition of Absentee Landlord
What is an absentee landlord? What is the definition of the term absentee landlord?
The term absentee landlord kind of has a negative connotation, but in reality most landlords are absentee landlords.
An absentee landlord is somebody (or something, eg a company) that owns a property, rents/leases it out but doesn’t actually live on the property.
![Definition of Absentee Landlord. Who are they and what does the term mean?](https://www.davemanuel.com/images/def_absentee_landlord.gif)
If you buy the property but don’t live in it yourself, then you are an absentee landlord.
Many people hear the term absentee landlord, and an image of somebody neglecting a property comes to mind. In reality, many landlords don’t actually live in the buildings/homes that they own, but that doesn’t mean that they are doing anything wrong. Many commercial ventures will own dozens, if not hundreds, of different properties.
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