Leasing-Tenancy

A landlord is the owner or lessor who grants a tenant the right to occupy property and receives rent or other performance in return.

A lease is the agreement that gives a tenant the right to occupy property for a stated term in exchange for rent and other obligations.

Terms that explain leases, occupancy, security deposits, possession, and the rights and duties that shape rental relationships.

Month-to-month tenancy is a periodic rental arrangement that renews one month at a time until one side gives valid notice to end it.

A security deposit is money held to protect the landlord against certain unpaid obligations or property damage, subject to the lease and governing rules.

A tenant is the person or entity that receives the right to occupy property under a lease or rental arrangement in exchange for rent and other obligations.