
Tenant leasing
Tenant leasing is a legal agreement where a person (the tenant) pays a landlord for the right to occupy a property, such as an apartment or house, for a specified period. The lease outlines terms like rent amount, payment schedule, duration, and responsibilities for maintenance and repairs. This arrangement protects both parties: the tenant gains a secure place to live, and the landlord ensures steady income while maintaining property standards. Leasing provides a formal, mutually agreed-upon framework for the tenancy, promoting clarity and legal security for both sides.