rental accommodation

Rental accommodation refers to a property—such as an apartment, house, or condo—that a person occupies by paying rent to the owner or landlord. The tenant has the right to live in the property for a specified period under agreed terms, while the landlord retains ownership. Rental agreements outline important details like rent amount, payment schedule, maintenance responsibilities, and duration of tenancy. This arrangement provides flexible housing options without the need for ownership, enabling individuals to choose temporary or long-term residence based on their needs.