
Tenants to Homeowners
Tenants are individuals or families who rent a property from a homeowner, known as the landlord. They have the right to live in the property for a specified period under a lease agreement, paying rent and following certain rules. Homeowners, as landlords, retain ownership and are responsible for maintenance and property management. The relationship is based on a contractual agreement that ensures tenants can occupy the property legally and securely, while homeowners receive income and retain ownership rights. This arrangement benefits both parties by providing housing options for tenants and rental income for homeowners.