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A studio apartment, or studio condo [1] also known as a studio flat (UK), self-contained apartment (Nigeria), efficiency apartment, bed-sitter (Kenya), or bachelor apartment, is a small dwelling in which the normal functions of a number of rooms – often the living room, bedroom, and kitchen – are combined into a single room.
Homeowners will typically rent out basement apartments to tenants as a way to earn additional income so as to offset living expenses. Owning a home with a basement apartment can be an investment. Tenants will provide income to the home owner, reducing expenses, and equity will grow as the value of the property increases. [2]
Glenwood Management is a New York City private, multi-generational real estate developer, owner, and management company focusing on multifamily apartment rentals. The company was incorporated in 1961 by father and son, Harry and Leonard Litwin. Glenwood is known for luxury apartment rental buildings with an emphasis on amenities, service, and ...
Business administration. Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition.
A landlord is the owner of a house, apartment, condominium, land, or real estate which is rented or leased to an individual or business, who is called a tenant (also a lessee or renter). When a juristic person is in this position, the term landlord is used. Other terms include lessor and owner. The term landlady may be used for the female ...
Renting, also known as hiring[1] or letting, [2] is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time. To maintain such an agreement, a rental agreement (or lease) is signed to establish the roles and expectations of both the tenant and landlord.
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